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Eddie Corporation is considering the following three Investment projects (Ignore Income taxes.): Investment required Present value of cash inflows Project C Project D Project E

Eddie Corporation is considering the following three Investment projects (Ignore Income taxes.): Investment required Present value of cash inflows Project C Project D Project E $12,700 $58,000 $ 103,000 $15,580 $85,940 $121,810 The profitability Index of investment project D is closest to: Multiple Choice O 0.40 1.48 0.52 0.33

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