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Select the correct capital budgeting definition from the following list. The profitability index for a capital project estimates: Select one: a. The years required for

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Select the correct capital budgeting definition from the following list. The profitability index for a capital project estimates: Select one: a. The years required for a company to fully recover the costs associated with a capital project from the resulting cash inflows b. The annual rate of return resulting from the investment in a capital project c. The ratio of the present value of project cash inflows to present value of outflows d. The time required to recover initial capital project costs from the present value of cash inflows resulting from the project e. The estimated wealth created among the shareholders of a company when a specific capital project is undertaken

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