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Assume there is a project where the firm will initially invest $185,000 to receive $44,000 at Year 1, $35,000 at Year 2, $34,000 at Year
Assume there is a project where the firm will initially invest $185,000 to receive $44,000 at Year 1, $35,000 at Year 2, $34,000 at Year 3, $44,000 at Year 4, $35,500 at Year 5, and $36,500 at Year the interest/discount rate is 10.35%, what is the profitability index? O 0.89 O 0.92 O 1.11 O 0.95
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