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Wildhorse Inc. is comparing several alternative capital budgeting projects as shown below: Projects A B C Initial investment $94000 $134000 $174000 Present value of net

Wildhorse Inc. is comparing several alternative capital budgeting projects as shown below:

	Projects
	A	B	C
Initial investment	$94000	$134000	$174000
Present value of net cash flows	104000	124000	214000

Using the profitability index, how many of the projects are acceptable?

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