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Avalon Aviation Products is evaluating a new project. What is the PROFITABILITY INDEX of this project if the discount rate is 17% and the net
Avalon Aviation Products is evaluating a new project. What is the PROFITABILITY INDEX of this project if the discount rate is 17% and the net cash flows are as per the following table? (Calculate to TWO decimal places). Year Cashflow 0 $-15.000 1 $22.242 $15.458 $19.914 4 $42,410 5 $290.783 N 3 Calculate your answer to TWO decimal places
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