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Assume the following information for a capital budgeting proposal with a five-year time horizon: Click here to view Exhibit 12B-1 and to determine the appropriate

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Assume the following information for a capital budgeting proposal with a five-year time horizon: Click here to view Exhibit 12B-1 and to determine the appropriate discount factor(s) using the tables provided. Assuming a discount rate of 12%, this proposal's profitability index is closest to: Multiple Choice 1.17. 1.08. 1.03. 1.13

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