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Consider a project with the following cash flows: Assume the appropriate discount rate for this project is 16%. The profitability index for this project is

image text in transcribed Consider a project with the following cash flows: Assume the appropriate discount rate for this project is 16%. The profitability index for this project is closest to: A. 0.48 B. 0.13 C. 0.12 D. 0.18

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