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+ Wet Question 39 (2.5 points) The capital budgeting department of Evoquis, Inc. has computed the NPV, IRR and Profitability Index (PI) for Projects A,

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+ Wet Question 39 (2.5 points) The capital budgeting department of Evoquis, Inc. has computed the NPV, IRR and Profitability Index (PI) for Projects A, B, C, D and E as presented in the table below: Project NPV IRR PI A $18,246.38 17.9% -$3,475.68 14.6% 0.91 $10,876.22 18.8% 1.48 D -$32,176.10 12.6% 0.83 E $2,495.72 24.2% 2.44 If these projects are mutually exclusive, which project (or projects) should Evoquis, Inc. choose in order to maximize shareholder wealth? B 1.19 1) Project C O2) Project A 3) Project D 4) Project E 5) Project B

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