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1. The relevant discount rate for the following set of cash flows is 14 percent. What is the profitability index? Year CashFlow 0 $-9,800 1
1. The relevant discount rate for the following set of cash flows is 14 percent. What is the profitability index?
| Year | CashFlow | |
| 0 | $-9,800 | |
| 1 | $4,600 | |
| 2 | $3,300 | |
| 3 | $3,800 | |
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