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Concord Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial investment $66000 $106000 $146000 76000 96000 186000 Present

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Concord Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial investment $66000 $106000 $146000 76000 96000 186000 Present value of net cash flows Using the profitability index, the projects rank as @ A, C, B. A,B,C. C, A, B. C.B.A

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