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A project requires an initial outflow of $100,000 and is expected to produce $30,000 inflows over each of the next four years. If the required

A project requires an initial outflow of $100,000 and is expected to produce $30,000 inflows over each of the next four years. If the required return of the project is 9%, what is its profitability index?

a.

0.0000400

b.

0.0000436

c.

25000.0

d.

0.0000400

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