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Compute the profitability index for the capital budgeting project described below and decide whether the firm should accept or reject the project if the hurdle
Compute the profitability index for the capital budgeting project described below and decide whether the firm should accept or reject the project if the hurdle rate is 8%. Round your answers to the nearest 0.01.
Note: Ignore the pencil markings in the photo
Note: I do not have access to excel. Please do not use excel to answer this question. Please and thank you.
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