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(Ignore income taxes in this problem.) Dube Corporation is considering the following three investment projects: Project D Project E Project F Investment required $11,200 $43,000

(Ignore income taxes in this problem.) Dube Corporation is considering the following three investment projects:

Project D Project E Project F
Investment required $11,200 $43,000 $88,000
Present value of cash inflows $11,830 $50,990 $98,560

The profitability index of investment project E is closest to:

0.16

1.19

0.19

0.81

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