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Question Completion Status: The management at Purple Corporation is considering the following three investment projects (Ignore income taxes) Description Project X Project Y Project 2

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Question Completion Status: The management at Purple Corporation is considering the following three investment projects (Ignore income taxes) Description Project X Project Y Project 2 Investment required $54,500 $67,200 $78,050 Present value of cash inflows $59,700 $75,700 $89,600 Rank the projects according to the profitability index, from most profitable to least profitable. A. Project X, Project Y, Project Z B. Project Y, Project Z, Project X C. Project Z, Project Y, Project X OD. Project X, Project Z, Project Y QUESTION 33 A company has unlimited funds to invest at its discount rate. The company should invest in all projects having: A. A net present value less than zero B. A net present value greater than zero C. A net present value equal to zero D. Both B and C Save All An

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