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Blossom Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial investment $104000 $144000 $184000 Present value of net

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Blossom Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial investment $104000 $144000 $184000 Present value of net cash flows 114000 134000 224000 Using the profitability index, how many of the projects are acceptable? O2 03 00 0 1

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