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Consider the four capital budgeting projects listed below. The appropriate cost of capital is 8.5%. If these projects are mutually independent and the company is
Consider the four capital budgeting projects listed below. 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?
Project A Project B Project C Project D
Profitability Index 1.05 1.58 1.20 0
Group of answer choices:
C
A
D
B
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