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A project has following cash flow: initial investment =20,000;CF1=10,000; CF2 =8,000; CF 3=4,000; Cost of Capital =3%. What is profitability index? 1.38 1.05 1.49 1.23

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A project has following cash flow: initial investment =20,000;CF1=10,000; CF2 =8,000; CF 3=4,000; Cost of Capital =3%. What is profitability index? 1.38 1.05 1.49 1.23

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