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10 The relevant discount rate for the following set of cash flows is 15 percent. What is the profitability index? Year Cash flow 0 -$307,000

10

The relevant discount rate for the following set of cash flows is 15 percent. What is the profitability index?

Year

Cash flow

0

-$307,000

1

$27,700

2

$56,000

3

$55,000

4

$399,000

Group of answer choices

1.08

1.01

0.93

1.22

0.85

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