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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
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1.077
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.967
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1.184
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1.292
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.774
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