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Evaluate the following projects, using the profitability index. Assume a cost of capital of 12%. Year Project S Project T -$125,000 Cash Flow Year o

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Evaluate the following projects, using the profitability index. Assume a cost of capital of 12%. Year Project S Project T -$125,000 Cash Flow Year o -$130,000 Cash Flow Year 1 11,500 80,000 63,500 47,500 Cash Flow Year 2 Cash Flow Year 3 95,000 37,500

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