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Assume that the firm invests $150,000 today to get $65,000 at Year 1 , $90,000 at Year 2, $85,000 at Year 3, $110,000 at Year

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Assume that the firm invests $150,000 today to get $65,000 at Year 1 , $90,000 at Year 2, $85,000 at Year 3, \$110,000 at Year 4, \$75,000 at Year 5, and $55,000 at Year 6 . What's the Profitability Index of this investment? Assume the interest(discount) rate of 18.4%. 1.54 1.61 1.86 1.73

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