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Natashas Flowers, a local florist, purchases fresh flowers each day at the local flower market. It has a budget of $1000 per day to spend.
Natashas Flowers, a local florist, purchases fresh flowers each day at the local flower market. It has a budget of $1000 per day to spend. Different flowers have different profit margins, and also a maximum amount the shop can sell. The shop has estimated the following NPV of purchasing each type. Which flower has the highest profitability index? (Profitability index = the NPV per bunch divided by the cost per bunch)
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