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please help the answer provided is incorrect Consider the following projects Project A B -$2,200 - 2,200 1 +$2,100 + 1,540 C2 +$1,300 + 1,748
please help the answer provided is incorrect
Consider the following projects Project A B -$2,200 - 2,200 1 +$2,100 + 1,540 C2 +$1,300 + 1,748 a. Calculate the profitability index for A and B assuming a 23% opportunity cost of capital. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Answer is complete but not entirely correct. Project Profitability index A 1.1666 x B 1.0943Step by Step Solution
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
5thEdition
0073382345, 9780073382340
