What is the profitability index decision rule what is the, Financial Management

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What is the profitability index decision rule what is the

In a brief 1 to 2-page essay, describe how the profitability index is calculated and describe the information this measure provides about a sequence of cash flows. What is the profitability index decision rule? What is the relationship between the profitability index and NPV? Are there any situations in which might prefer one method over the other?

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