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Show excel formulas 8. Calculating Profitability Index Suppose the following two independent investment opportunities are available to a company. The appropriate discount rate is 8.5
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8. Calculating Profitability Index Suppose the following two independent investment opportunities are available to a company. The appropriate discount rate is 8.5 percent. a. Compute the profitability index for each of the two projects. b. Which project(s) should the company accept based on the profitability index ruleStep by Step Solution
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