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The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: Because the company's required rate of
The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: Because the company's required rate of return is 12%, a 12% discount rate has been used in the present value computations above. Limited funds are available for investment, so the company can't accept all of the available projects. Required: Compute the project profitability index for each investment project. (Round your answers to 2 decimal places.)
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