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MC Qu. 5-A1 What is the profitability index for an investment with the follow... What is the profitability index for an investment with the following

MC Qu. 5-A1 What is the profitability index for an investment with the follow...

What is the profitability index for an investment with the following cash flows given a 9 percent required return?

Year Cash Flow
0 $-21,500
1 $7,200
2 $9,300
3 $8,400

.92

.97

.99

.95

.93

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