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Consider the four capital budgeting projects listed below. Project A Project B Project C Project D Profitability Index 0.50 1.36 0.25 2.32 The appropriate cost

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Consider the four capital budgeting projects listed below. Project A Project B Project C Project D Profitability Index 0.50 1.36 0.25 2.32 The appropriate cost of capital is 8.5%. If these projects are mutually independent and the company is not practicing capital rationing, which one or ones of these four projects shall be accepted? B OC OD

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