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A project with an initial cost of $31,900 is expected to provide cash flows of $12,750, $13,000, $16,100, and $10,600 over the next four years,

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A project with an initial cost of $31,900 is expected to provide cash flows of $12,750, $13,000, $16,100, and $10,600 over the next four years, respectively. If the required return is 89 percent, what is the project's profitability index? Multiple Choice 1338 1115 1.505 1.226

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