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Moira's World Music is currently considering a project that will produce cash inflows of $2,500 a year for 3 years followed by $2,000 a year

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Moira's World Music is currently considering a project that will produce cash inflows of $2,500 a year for 3 years followed by $2,000 a year for 2 more years. The cost of the project is $5,000. What is the profitability index if the discount rate is 8 percent? 2.300 1.855 1.460 1,987

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