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1 a) What is the profitability index of a project with a NPV of $811 and an initial cost of $145? (Answer in hundredths) b)
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a) What is the profitability index of a project with a NPV of $811 and an initial cost of $145? (Answer in hundredths)
b) You own 397 annual bonds with a coupon rate of 2.71% and a face value of $100,000 each. How much cash do you receive every time the bonds coupons are paid?
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