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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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