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Projects X and Y each have a net present value of $45,000. Project X has a profitability index of 0.5, and Project Y's profitability index

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Projects X and Y each have a net present value of $45,000. Project X has a profitability index of 0.5, and Project Y's profitability index is 0.3. If the company has resources for only one project, which should be chosen? Whichever project has the greatest cash flow. Project Y Whichever project can be completed more quickly Project X

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