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Pina Colada Inc. is comparing several alternative capital budgeting projects as shown below: Projects B A Initial Investment $88000 98000 Present value of net cash

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Pina Colada Inc. is comparing several alternative capital budgeting projects as shown below: Projects B A Initial Investment $88000 98000 Present value of net cash flows $128000 118000 $168000 208000 Using the profitability index, how many of the projects are acceptable? 3 1 0 O N

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