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A project with an initial cost of $31,300 is expected to provide cash flows of $11,850, $12.400, $15,500, and $10,000 over the next four years,

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A project with an initial cost of $31,300 is expected to provide cash flows of $11,850, $12.400, $15,500, and $10,000 over the next four years, respectively. If the required return is 8.3 percent, what is the project's profitability index? Multiple Choice 1091 1.200 1309 1.473 764

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