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MC algo 9-21 Calculating Profitability Index POD has a project with the following cash flows: Year Cash Flows 0 -$ 237,000 1 147,700 165,200

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MC algo 9-21 Calculating Profitability Index POD has a project with the following cash flows: Year Cash Flows 0 -$ 237,000 1 147,700 165,200 2 3 130,300 The required return is 8.1 percent. What is the profitability index for this project?

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