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A project with an initial cost of $30,200 is expected to provide cash flows of $10,200, $11,300, $14,400, and $8,900 over the next four years,

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A project with an initial cost of $30,200 is expected to provide cash flows of $10,200, $11,300, $14,400, and $8,900 over the next four years, respectively. If the required return is 8.7 percent, what is the project's profitability index? Multiple Choice 827 1.361 1.210 1.008 1.109 Prev 2of 13 Next>

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