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A firm is reviewing a project that has an initial cost of $67,000. The project will produce annual cash inflows, starting with Year 1, of

A firm is reviewing a project that has an initial cost of $67,000. The project will produce annual cash inflows, starting with Year 1, of $8,000, $13,400, $18,600, $24.100, and finally in Year 5, $37,900. What is the profitability index if the discount rate is 11 percent? Multiple Choice 102 92 98 105 109 < Prev 18 of 201 Next >

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