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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 $11,400 $45,000

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

Project D Project E Project F
Investment required $11,400 $45,000 $90,000
Present value of cash inflows $12,330 $55,650 $101,660

The profitability index of investment project E is closest to:

0.24

1.24

0.76

0.19

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