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c. Compute the Profitability Index for each project. (4 points) 5. A firm must choose between two projects below, Burgundy and Comingstone. Cash flows are

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c. Compute the Profitability Index for each project. (4 points) 5. A firm must choose between two projects below, Burgundy and Comingstone. Cash flows are shown in millions of dollars. The discount rate for each project is 10% Project Burgundy: Cash Flow: -30 L Project Corningstone: Year: 0 Cash Flow: -26 18

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