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QS 24-13 (Algo) Profitability index analysis, no calculations LO P3 The profitability indexes for three alternative investment projects follow. Each project has a five-year life.

image text in transcribed QS 24-13 (Algo) Profitability index analysis, no calculations LO P3 The profitability indexes for three alternative investment projects follow. Each project has a five-year life. (a) Which project(s) will the company accept on the basis of profitability index? (b) If the company can choose only one project, which will it choose

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