Using the profitability index-mutually exclusive projects

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Using the profitability index, which of the following mutually exclusive projects should be accepted?

Project A: NPV = -$14,387; NINV = $38,260

Project B: NPV = $9,541; NINV = $11,500

Project C: NPV = $78,121; NINV = $99,710

A.   A

B. B and C

C. C

D. B

Reference no: EM13826237

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