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Consider the following cash flows: Year Cash Flow 0 $29,300 1 14,400 2 14,500 3 10,900 a. What is the profitability index for the cash

Consider the following cash flows:
Year Cash Flow
0 $29,300
1 14,400
2 14,500
3 10,900
a.

What is the profitability index for the cash flows if the relevant discount rate is 9 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

b. What is the profitability index if the discount rate is 14 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
c. What is the profitability index if the discount rate is 21 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

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