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Given the following cash flows for Project M: C0 = -1,000, C1 = +200, C2 = +700, C3 = +698, assuming a discount rate of

Given the following cash flows for Project M: C0 = -1,000, C1 = +200, C2 = +700, C3 = +698, assuming a discount rate of 10% calculate the profitability index for the project

0.06

0.28

0.59

1.77

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