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A project has an initial outlay of $500,000 then will generate cash inflows of $150,000 per year for four years, followed by $80,000 for one
A project has an initial outlay of $500,000 then will generate cash inflows of $150,000 per year for four years, followed by $80,000 for one more year. At a discount rate of 10%, the profitability index will be approximately:
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none of the given answers
0.9
1.5
0.105
1.05
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