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Dinoco Corporation is currently considering a project that will produce cash inflciws of $28,000 a year for two years, followed by $35,000 in year three.

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Dinoco Corporation is currently considering a project that will produce cash inflciws of $28,000 a year for two years, followed by $35,000 in year three. The cost of the project is $80,000. What is the profitability index if the discount rate is 9 percent? 1.05 1.11 0.95 0.91 None of the answers is correct

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