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P Given the following information and assuming a CCA rate of 20%, what is the profitability index of this project? Initial investment $400,000; life five

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P Given the following information and assuming a CCA rate of 20%, what is the profitability index of this project? Initial investment $400,000; life five years before-tax cost savings = $150,000 per year, salvage value = $30,000 in year 5; tax rate = 34%; discount rate 14% Multiple Choice 0.74 1.65 107

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