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A project has the following cash flows: Year Cash Flows 0 $129,200 1 55,400 2 63,800 3 51,600 4 28,100 The required return is 8.2

A project has the following cash flows:

Year Cash Flows
0 $129,200
1 55,400
2 63,800
3 51,600
4 28,100

The required return is 8.2 percent. What is the profitability index for this project?

Multiple Choice

  • 1.077

  • .967

  • 1.184

  • 1.292

  • .774

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