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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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