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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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