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A project has the following cash flows: Year Cash Flows 0 $128,400 1 50,600 2 63,800 3 51,600 4 28,100 The required return is 8.9

A project has the following cash flows:

Year Cash Flows
0 $128,400
1 50,600
2 63,800
3 51,600
4 28,100

The required return is 8.9 percent. What is the profitability index for this project?

Multiple Choice

  • 1.248

  • 1.040

  • .802

  • 1.144

  • 1.002

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