Question: Consider two mutually exclusive projects A and B. Assume the opportunity cost of capital is 10 percent. JIRED: i. Calculate the profitability index for each

 Consider two mutually exclusive projects A and B. Assume the opportunity

Consider two mutually exclusive projects A and B. Assume the opportunity cost of capital is 10 percent. JIRED: i. Calculate the profitability index for each project. [6 marks] ii. Show how the profitability index rule can be used to select the superior project

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