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An investment that costs $6,800 will produce annual cash flows of $3,080 for a period of 4 years. Given a desired rate of return of
An investment that costs $6,800 will produce annual cash flows of $3,080 for a period of 4 years. Given a desired rate of return of 9%, what is the present value index? Use Appendix Table 2. (Do not round intermediate calculations. Round your answer to three decimal points.) Multiple Choice 0.682. O 1457 2.139. 2.208
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