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Consider the following two projects: Cash flows Project A Project B C00 $ 280 $ 280 C11 120 148 C22 120 148 C33 120 148

Consider the following two projects:

Cash flows Project A Project B
C00 $ 280 $ 280
C11 120 148
C22 120 148
C33 120 148
C44 120

If the opportunity cost of capital is 11%, what is the profitability index for each project?

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