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The following information is provided by Cupola Systems Project A Project B Initial investment $430,000 $202,000 PV of cash inflows $584,000 $386,000 Payback period (years)

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The following information is provided by Cupola Systems Project A Project B Initial investment $430,000 $202,000 PV of cash inflows $584,000 $386,000 Payback period (years) 3.6 3.2 NPV of project $154,000 $184,000 Project C Project D $568,000 $512,000 $800,000 $406,000 4.0 2.0 $232,000 ($106,000) Calculate the profitability index for Project A. (Round your answer to two decimal places.) O A. 1.08 OB. 0.98 O C. 1.36 OD. 1.67

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