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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project C Project D Project E Investment required $12,300 $54,000 $99,000 Present value

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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project C Project D Project E Investment required $12,300 $54,000 $99,000 Present value of cash inflows $14,580 $76,620 $115,610 The profitability index of investment project Dis closest to: 1.42 0.58 0.42 0.30

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