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The upper management authorized only 2600 million dollars capital budget for this year. You have several projects to consider. The required rate of return for
The upper management authorized only 2600 million dollars capital budget for this year. You have several projects to consider. The required rate of return for all projects, based on the risk of the project, is 9 percent. Calculate the profitability index for each project. What is the profitability index of the best project? 0.3723620.3836750.3487780.321195
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