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Metlock Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B Initial investment $76000 $116000 $156000 Present value of net cash
Metlock Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B Initial investment $76000 $116000 $156000 Present value of net cash flows 86000 106000 196000 Using the profitability index, how many of the projects are acceptable? 02 O 3 00 0 1
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