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Adding a new ski lift in a ski resort will cost $30,300 . It is expected to generate incremental revenues of $10,350, $11,400, $14,500, and
Adding a new ski lift in a ski resort will cost $30,300 . It is expected to generate incremental revenues of $10,350, $11,400, $14,500, and $9,000 in years 1 to 4, respectively. The required return is 8.8 percent. This information means that for every $1 invested today you get $____ back (a.k.a. "profitability index").
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1.367
1.114
1.013
1.215
.823
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