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A company has a minimum required rate of return of 10%. It is considering investing in a project that costs $47500 and is expected to

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A company has a minimum required rate of return of 10%. It is considering investing in a project that costs $47500 and is expected to generate cash inflows of $28750 at the end of each year for three years. The profitability index for this project is 0.66 1.00. 1.53. 1.51

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