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A firm is reviewing a project that has an initial cost of $67000. The project will produce annual cash inflows, staring with year 1$8000,$13400,18600,24100, and
A firm is reviewing a project that has an initial cost of $67000. The project will produce annual cash inflows, staring with year 1$8000,$13400,18600,24100, and finally in year 5, $37900. What is the profitability index if the discount rate is 11percent?
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