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A firm is looking at a new project that costs $ 1 0 0 , 0 0 0 to start and has estimated the following

A firm is looking at a new project that costs $100,000 to start and has estimated the following future cash flows:Year 1: CF = $60,000Year 2: CF = $70,000Year 3: CF = $90,000The firm's required return on assets of this risk is 10%. What is the profitability index?
1.9
1.7
1.8
1.6

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