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Shaylee Corp has $2.00 million to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize

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Shaylee Corp has $2.00 million to invest in new projects. The company's managers have presented a number of possible options that the board must prioritize Information about the projects follows: Initial Investtent Present value of future cash flows Project A Projects Project Project $427,080 $ 242,000 $ 732,000 $ 957,000 777,000 427,800 1,212,000 1,572,000 Required: 1. Is Shaylee able to invest in all of these projects simultaneously? 2.A. Calculate the profitability index for each project 2.B. What is Shaylee's order of preference based on the profitability index

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