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B The capital budgeting department of Evoquis, Inc. has computed the NPV, IRR and Profitability Index (Pl) for Projects A, B, C, D and E

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B The capital budgeting department of Evoquis, Inc. has computed the NPV, IRR and Profitability Index (Pl) for Projects A, B, C, D and E as presented in the table below: Project NPV IRR PI A -$3,475.68 14.6% 0.91 $10,876.22 18.8% 1.48 $18,246.38 17.9% -$32,176.10 12.6% $2,495.72 24.2% If these projects are mutually exclusive, which project (or projects) should Evoquis, Inc. choose in order to maximize shareholder wealth? D E 1.19 0.83 2.44 1) Project B 2) Project C 3) Project D 4) Project A 5) Project E

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