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10. Consider a project with the following information: Year After-tax cash flows 1 $300,000 2 $400,000 3 $400,000 4 $200,000 5 $150,000 6 $150,000 Initial
10. Consider a project with the following information: Year After-tax cash flows 1 $300,000 2 $400,000 3 $400,000 4 $200,000 5 $150,000 6 $150,000 Initial outlay = $950,000 Compute the profitability index if the company's discount rate is 10%. A) 1.28 B) 1.36 C) 1.07 D) 1.19 Please show work
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