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A project requires an initial investment of $40 million. It generates cash flows of $25 million in one year and $28 million in two years.
A project requires an initial investment of $40 million. It generates cash flows of $25 million in one year and $28 million in two years. The project's required return is 9%. What is the project's profitability index? O a. 1.331 O b. 1.157 O c. 1.163 O d. 0.984
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