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2. Calculate the Profitability Index and Payback Period for the following project. Assuming 10% discount rate. (16 Points) Initial Investment Year 0 Year 1 2

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2. Calculate the Profitability Index and Payback Period for the following project. Assuming 10% discount rate. (16 Points) Initial Investment Year 0 Year 1 2 3 4 5 ($2,000) $450 460 640 750 800

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