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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project CProject DProject EInvestment required$11,800$49,000$94,000Present value of cash inflows$13,330$64,970$107,860 The profitability index of

Eddie Corporation is considering the following three investment projects (Ignore income taxes.):

Project CProject DProject EInvestment required$11,800$49,000$94,000Present value of cash inflows$13,330$64,970$107,860

The profitability index of investment project D is closest to:

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