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erradel Studios is considering two independent projects. The profitability index decision rule indicates that both projects should be accepted. This result most likely does which
erradel Studios is considering two independent projects. The profitability index decision rule indicates that both projects should be accepted. This result most likely does which one of the following?
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Fails to provide useful information as the firm must reject at least one of the projects
Assumes the firm has sufficient funds to undertake both projects
Agrees with the decision that would also apply if the projects were mutually exclusive
Conflicts with the results of the net present value decision rule
Bases the acceptreject decision on the same variables as the average accounting return
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