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Given the following data: Present Investment Required $12, 000 Net Present Value $430 Annual cost Savings $ ? Discount Rate 12% Life of the Project

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Given the following data: Present Investment Required $12, 000 Net Present Value $430 Annual cost Savings $ ? Discount Rate 12% Life of the Project 10 years Based on the data given, what would be the profitability index? (Ignore income taxes in this problem.)

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