Question: Problem 8 - 2 3 Profitability Index ( LO 3 ) Consider the following projects: a . Calculate the profitability index for A and B

Problem 8-23 Profitability Index (LO3)
Consider the following projects:
a. Calculate the profitability index for A and B assuming a 23% opportunity cost of capital.
Note: Do not round intermediate calculations. Round your answers to 4 decimal places.
b. According to the profitability index rule, which project(s) should you accept?
Project A
Project B
Both
Neither
Problem 8-23 Profitability Index (LO3) Consider the following projects: a. Calculate

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