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Assume the following information for a capital budgeting proposal with a five-year time horizon: Click here to vlew and Exhibit 12B-2, to determine the approprlate

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Assume the following information for a capital budgeting proposal with a five-year time horizon: Click here to vlew and Exhibit 12B-2, to determine the approprlate discount factor(s) using the tables provided. Assuming a discount rate of 12%, this proposal's profitability index is closest to: Multiple Choice 1.28 1.32 1.23 1.18. EXHIBIT 12B-1 Present Value of $1;(1+r)n1 EXHIBIT 12B-2 Present Value of an Annuity of $1 in Arrears; 1/r(1(1/(1+r)n))

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