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Robben Manufacturing has the following two possible projects. The required return is 10 percent. a. What is the profitability index for each project? (Do not
Robben Manufacturing has the following two possible projects. The required return is 10 percent. a. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Which, if either, of the projects should the company accept
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