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on 30 Upton evaluates future projects by using the profitability index. The company is currently reviewing five similar projects and must choose one of the

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on 30 Upton evaluates future projects by using the profitability index. The company is currently reviewing five similar projects and must choose one of the following: ered out of 25 Project Initial g question 1 2 3 4 $100,000 50.000 75,000 60,000 150,000 Present Value of Cash In Bows | $97.000 80,000 110,000 100,000 200,000 Which project should Upton select if the decision is based entirely on the profitability index? Select one: O Project 1 Ob Project 2 Oc Project 3 Od Project 4 Oe. Project 5

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