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Kartman Corporation is evaluating four different real estate investments, Management plans to buy the properties today and sell them three years from today. The annu

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Kartman Corporation is evaluating four different real estate investments, Management plans to buy the properties today and sell them three years from today. The annu discount rate for those investments is 13%. The following table summarizes the initial cost and the sale price in three years for each property Cost Today Sale Price in Year 3 Parkside Acres $520,000 $1,020,000 Real Property Estates 910,000 1,510,000 Lost Lake Properties 510,000 910,000 Overlook 20,000 220,000 Kartman has a total capital budget of $540,000 to invest in properties. Which properties should it choose? The profitability index for Parkside Acres is (Round to two decimal places.) The profitability Index for Real Property Estates is 1. (Round to two decimal places.) The profitability index for Lost Lake Properties is I. (Round to two decimal places) The profitability index for Overlook is I. (Round to two decimal places.) Click to select your answer(s)

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