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You are considering two independent projects both of which have been assigned a discount rate of 9 percent.Based on the profitability index, what is your

You are considering two independent projects both of which have been assigned a discount rate of 9 percent.Based on the profitability index, what is your recommendation concerning these projects?SHOW WORKING

Project AProject B

YearCash FlowYearCash Flow

0-$42,5000-$45,000

1 $24,000 1 $15,000

2$24,0002 $38,000

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