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Monty Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial investment $82000 $122000 $162000 Present value of net

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Monty Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial investment $82000 $122000 $162000 Present value of net cash 92000 112000 202000 flows Using the profitability index, how many of the projects are acceptable? OO 0 3 O 2

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