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Using the profitability index, which of the following mutually exclusive projects should be accepted? Project A: NPV = $14,387; NINV = $38,260 Project B: NPV

Using the profitability index, which of the following mutually exclusive projects should be accepted?

Project A: NPV = $14,387; NINV = $38,260 Project B: NPV = $78,121; NINV = $99,710 Project C: NPV = $9,541; NINV = $11,500 a) A, B, and C b) C c) B and C d) B

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