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Consider the following projects: Project C1 C2 Co -$2,900 - 2,900 B +$2,800 + 2,240 +$2,000 + 1,888 a. Calculate the profitability Index for A
Consider the following projects: Project C1 C2 Co -$2,900 - 2,900 B +$2,800 + 2,240 +$2,000 + 1,888 a. Calculate the profitability Index for A and B assuming a 21% opportunity cost of capital. (Do not round Intermediate calculations. Round your answers to 4 decimal places.) Project Profitability index B b. According to the profitability Index rule, which project(s) should you accept? Project A Project B Both Neither
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