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A project with an initial cost of $ 3 1 , 6 0 0 is expected to provide cash flows of $ 1 2 ,

A project with an initial cost of $31,600 is expected to provide cash flows of $12,300, $12,700, $15,800, and $10,300 over the next four years, respectively. If the required return is 8.6 percent, what is the project's profitability index? 1.2141.3241.4891.103.755

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