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A company want to invest in a project whose initial cost is Sh. 2,000,000. The present value of the expected cash flow for the next
A company want to invest in a project whose initial cost is Sh. 2,000,000. The present value of the expected cash flow for the next three years is Sh. 850,000; Sh. 750,000; and Sh. 600,000. Determine the profitability index of this project.
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