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A project with an initial cost of $30,800 is expected to provide cash flows of $11,100, $11,900, $15,000, and $9,500 over the next four years,
A project with an initial cost of $30,800 is expected to provide cash flows of $11,100, $11,900, $15,000, and $9,500 over the next four years, respectively. If the required return is 9.3 percent, what is the project's profitability index? Multiple Choice 1.398 O 1.035 O 1.139 O 1.242 O .805
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