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I am unable to solve for the correct answer. The math that I am using keeps giving me the answer entered below which is listed
I am unable to solve for the correct answer. The math that I am using keeps giving me the answer entered below which is listed as incorrect.
The following are the cash flows of two projects: If the opportunity cost of capital is 11%, what is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 4 decimal places.)Step by Step Solution
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