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Question 35 (2.5 points) The capital budgeting department of Evoquis, Inc. has computed the NPV, IRR a Profitability Index (PI) for Projects A, B, C,

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Question 35 (2.5 points) The capital budgeting department of Evoquis, Inc. has computed the NPV, IRR a Profitability Index (PI) for Projects A, B, C, D and E as presented in the table belc Project NPV IRR PI -$3,475.68 14.6% 0.91 $10,876.22 18.8% 1.48 -$32,176.10 12.6% 0.83 $2,495.72 24.2% 2.44 E $18,246.38 17.9% 1.19 If these projects are mutually exclusive, which project (or projects) should Evoqu Inc. choose in order to maximize shareholder wealth? B D 1) Project D 2) Project B 3) Project C O 4) Project E 5) Project A

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