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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): The profitability index of investment project D is closest to: Project C Project
Eddie Corporation is considering the following three investment projects (Ignore income taxes.):
The profitability index of investment project D is closest to:
Project C | Project D | Project E | |
---|---|---|---|
Investment required | $ 11,200 | $ 43,000 | $ 88,000 |
Present value of cash inflows | $ 11,830 | $ 50,990 | $ 98,560 |
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