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  3. consider projects a and b with the following cash

Consider projects A and B with the following cash flows: C0 C1 C2 C3 A...

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Accounting

Consider projects A and B with the following cash flows: C0 C1 C2 C3 A $ 36 + $ 20 + $ 20 + $ 20 B 61 + 30 + 30 + 30 b-1. What is the profitability index of each project? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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