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An investment that costs S5700 will produce annual cash flows of $2420 for a period of 4 years. Given a desired rate of return of

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An investment that costs S5700 will produce annual cash flows of $2420 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 intermediate calculations. Round your answer to three decimal points.) Multiple Choice 3153. 1289 0759 2.355

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