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8 8. Initial investment = ($800,000) Cash flow in year 1 = $250,000 Cash flow in year 2 - $365,000 Cash flow in year 3
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8. Initial investment = ($800,000) Cash flow in year 1 = $250,000 Cash flow in year 2 - $365,000 Cash flow in year 3 = $555,000 The discount rate=15% Calculate the profitability index Step by Step Solution
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