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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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