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Calculate the Profitability Index for Project B A firm is considering the following mutually exclusive investment projects. Project A requires an initial outlay of $500

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Calculate the Profitability Index for Project B A firm is considering the following mutually exclusive investment projects. Project A requires an initial outlay of $500 and will return $120 per year for the next seven years. Project B requires an initial outlay of $5,000 and will return $1,350 per year for the next five years. The required rate of return is 10%. Use th Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 1.0235 b 1.1287 1.2873 d 1.3875 e 1.4763

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