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The following are the cash flows of two projects: Year Project A Project B 0 $ 360 $ 360 1 190 260 2 190 260

The following are the cash flows of two projects:

Year Project A Project B

0 $ 360 $ 360

1 190 260

2 190 260

3 190 260

4 190

If the opportunity cost of capital is 12%, what is the profitability index for each project?

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