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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

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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. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.)

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