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Company A has identified the following capital investment project: Time 0 Time 1 Time 2 Cash flows (280,000) 210,000 230,000 The company's cost of capital

Company A has identified the following capital investment project:

Time 0 Time 1 Time 2
Cash flows (280,000) 210,000 230,000

The company's cost of capital is 10%.

Which of the following represents the profitability index for this project?

0.33 or 1.33

0.36 or 1.36

0.8 or 1.8

0.57 or 1.57

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