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Compute the Profitability Index (P.I.) statistic for Project A and advise the firm whether with the cash flows shown below if the appropriate cost
Compute the Profitability Index (P.I.) statistic for Project A and advise the firm whether with the cash flows shown below if the appropriate cost of capital is 12 %. Time Cash 0 1 2 3 4 5 Flow ($92,000) $42,999 $45,668 $38,554 $36,778 $47,000 O The project's Pl is 48.4 % and the project should be accepted. O The project's Pl is 65.5 % and the project should be accepted. O The project's Pl is 16.4 % and the proin
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