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Brett is considering an investment costing $8,400. No other cash outflows would be needed. The present value of the cash inflows would be $9,996. The

Brett is considering an investment costing $8,400. No other cash outflows would be needed. The present value of the cash inflows would be $9,996. The profitability index of the investment is closest to:

  • .22

  • .16

  • .22

  • .19

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