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Eddie Corporation is considering the following three investment projects (Ignore income taxes.

Eddie Corporation is considering the following three investment projects (Ignore income taxes.):

 

 Project CProject DProject EInvestment required$11,800 $49,000 $94,000 Present value of cash inflows$13,330 $64,970 $107,860 

 

The profitability index of investment project D is closest to:

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