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Suppose the following two independent investment opportunities are available to Relax, Inc. The appropriate discount rate is 10 percent. a. Compute the profitability index for

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Suppose the following two independent investment opportunities are available to Relax, Inc. The appropriate discount rate is 10 percent. a. Compute the profitability index for each of the two projects. b. Which project should the company accept based on the profitability index rule? Project Beta Project Alpha

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