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A project has initial costs of $182,000, and cash inflows of $67,800, $78,300 and $99,600 for years 1 to 3, respectively. The required rate of
A project has initial costs of $182,000, and cash inflows of $67,800, $78,300 and $99,600 for years 1 to 3, respectively. The required rate of return is 10 percent. What is the profitability index? Should you accept or reject the project? Select one: a. 1.37 accept b. 1.02; reject C..91; reject d. 1.11; accept e. .91; accept
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