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An investment that costs $6,100 will produce annual cash flows of $2,660 for a period of 4 years. Given a desired rate of return of

An investment that costs $6,100 will produce annual cash flows of $2,660 for a period of 4 years. Given a desired rate of return of 12%, what is the present value index? Use Appendix Table 2. (Do not round your intermediate calculations. Round your answer to three decimal points) Mutiple Choice 0755 1324 2203 3082 image text in transcribed

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