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A perpetual after-tax cashflow stream of $2,000 is created by an investment of $15,000. The required rate of return is 8%. What is the profitability
A perpetual after-tax cashflow stream of $2,000 is created by an investment of $15,000. The required rate of return is 8%. What is the profitability index of this investment? 1.25
1.50
1.67
greater than 1.67
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