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Acme Inc. is considering a capital investment with a 3-year time horizon, In addition to the uptront cost and salvage value of the new equipment,
Acme Inc. is considering a capital investment with a 3-year time horizon, In addition to the uptront cost and salvage value of the new equipment, the project has additional working capital needs. Acme uses a hurdle rate of 20% to make capital budgeting decisions and performed the following net nmesent value analysis of the project: What is the profitability index for this project? Round to two decimal points. 0.931.071.191.60 None of the above
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