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Homework: Chapter 9 Homework Save 4 of 4 (3 complete) HW Score: 66.67%, 6 of 9 pts Score: 0 of 3 pts P9-20 (similar to)

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Homework: Chapter 9 Homework Save 4 of 4 (3 complete) HW Score: 66.67%, 6 of 9 pts Score: 0 of 3 pts P9-20 (similar to) Question Help Profitability index. Given the discount rate and the future cash flow of each project listed in the following table, use the PI to determine which projects the company should accept. What is the pl of project A? (Round to two decimal places.) Data Table (Click on the following icon 2 in order to copy its contents into a spreadsheet.) Cash Flow Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Discount rate Project A - $1,800,000 $100,000 $300,000 $500,000 $700,000 $900,000 Project B - $2,700,000 $1,350,000 $1,150,000 $950,000 $750,000 $550,000 16% 5% Print Done Enter your answer in the answer box and then click Check

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