Question: Consider the four capital budgeting projects listed below. The appropriate cost of capital is 8.5%. If these projects are mutually independent and the company is

 Consider the four capital budgeting projects listed below. The appropriate cost

Consider the four capital budgeting projects listed below. The appropriate cost of capital is 8.5%. If these projects are mutually independent and the company is not practicing capital rationing, which one or ones of these four projects shall be accepted? Project A Project B Project C Project D Profitability Index 1.21 0.98 1.50 0 A B U U D

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