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Distant - Light Ltd has decided to invest in renewable energy sources to meet part of its energy needs for production. It is considering solar
DistantLight Ltd has decided to invest in renewable energy sources to meet part of its energy needs for production.
It is considering solar power versus wind power.
The following has been determined.
Solar
Wind
Present value of annual cash flows
$
$
Initial investment
$
$
What is the profitability index of Wind
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