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Assume that a company is considerng a capital investment project with a four-year time horizon and the following cash flows. Cost of new equipment $

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Assume that a company is considerng a capital investment project with a four-year time horizon and the following cash flows. Cost of new equipment $ 195,000 Working capital required $ 58,800 Annual net cash inflows $100,000 Maintenance and repairs in third year $ 40,000 Salvage value of equipment in fourth year $ 30,000 Click here to view Exhibit 123.1 and Exhibit 123.2. to determine the appropriate discount factor(s) using the tables provided Assuming the company's required rate of return is 13%, the profitability index of the project is closest to Multiple Choice 133 O 130 120

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