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Exercise 1 4 - 5 ( Algo ) Preference Ranking [ LO 1 4 - 5 ] Information on four investment proposals is given below:

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Exercise 14-5(Algo) Preference Ranking [LO14-5]
Information on four investment proposals is given below:
Required:
Compute the profitability index for each investment proposal.
Note: Round your answers to 2 decimal places.
Rank the proposals in terms of preference.
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