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A project has the following cash flows: Year Cash Flows 0 $ 1 2 8 , 7 0 0 1 5 2 , 4 0

A project has the following cash flows:
Year Cash Flows
0$ 128,700
152,400
263,800
351,600
428,100
The required return is 9.2 percent. What is the profitability index for this project?
Multiple Choice
1.250
1.042
1.000
.800
1.146

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