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Current Attempt in Progress Blue Spruce Inc. is comparing several alternative capital budgeting projects as shown below: Projects B C Initial investment $102000 $142000 $182000

Current Attempt in Progress Blue Spruce Inc. is comparing several alternative capital budgeting projects as shown below: Projects B C Initial investment $102000 $142000 $182000 Present value of net cash flows 112000 132000 222000 Using the profitability index, the projects rank as A, B, C. C.A.B A.C.B. C.B.A

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