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Consider an investment that costs $200,000 and has a cash inflow of $50,000 every year for 5 years. The required return is 9%. What is

Consider an investment that costs $200,000 and has a cash inflow of $50,000 every year for 5 years. The required return is 9%. What is the profitability index of this project?

A) 0.85

B) 0.97

C) 1.00

D) 1.25

E) 1.50

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