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Calculate the Profitability Index for the following cash flows assuming the firm's cost of capital is 8%. Is the project acceptable? End of Year 0

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Calculate the Profitability Index for the following cash flows assuming the firm's cost of capital is 8%. Is the project acceptable? End of Year 0 1 Cash Flow (Dollars) -$730,000 140,000 460,000 670,000 200,000 2 3 4 Paragraph B IDEE A

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