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A project with an initial cost of $62,000 is expected to provide annual cash flows of $12,750 over the 9-year life of the project. If

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A project with an initial cost of $62,000 is expected to provide annual cash flows of $12,750 over the 9-year life of the project. If the required return is 8.9 percent, what is the project's profitability index? Multiple Choice 1.238 1.032 O 1.135 1.393 O O .808

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