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20. 2 0 Investment B - $1 million $550,000 $450,000 $375,000 The timeline of an investment is shown above. If the cost of capital is
20.
2 0 Investment B - $1 million $550,000 $450,000 $375,000 The timeline of an investment is shown above. If the cost of capital is 5%, what is the profitability index of this investment? A. 1.024 B. 0.282 C. 0.256 D. 0.64 Step by Step Solution
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