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Assume a project has initial costs of $72,300. Cash flows for years 1 to 3 are $28,200, $37.300, and $44,300, respectively. What is the profitability
Assume a project has initial costs of $72,300. Cash flows for years 1 to 3 are $28,200, $37.300, and $44,300, respectively. What is the profitability index given a required return of 9.5 percent? Select one: Ula. 1.08 b. 1.25 c. 96 d. 1.29 e. 1.16
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