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Charles inc. has the following information available regarding one of the projects it is considering: initial investment $50,000 PV of cash inflows 55,000 The profitability
Charles inc. has the following information available regarding one of the projects it is considering:
initial investment $50,000
PV of cash inflows 55,000
The profitability index of this project is:
a. 0.9090
b. 5,000
c. 1.10
d. 105,000
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