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exam question please give me solution i have 10 minutes Refer...

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Finance

exam question please give me solution i have 10 minutes
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Refer to two projects with the following cash flows: Year 1 2 3 Project A -$160 70 70 70 70 Project B -5160 85 85 85 If the opportunity cost of capital is 11%, what is the profitability index for each project? (Round your answers to 4 decimal places.) Project A Projects Does the profitability index rank the projects A and B correctly? Click to select)

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