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Please help me! What is the profitability index of a project with a $45,000 initial investment and expected net cash flows of $17,900,$23,600, and $23,900
Please help me!
What is the profitability index of a project with a $45,000 initial investment and expected net cash flows of $17,900,$23,600, and $23,900 in each of the next three years, assuming an appropriate discount rate of 9.7 percent? The profitability index is (Round to two decimal places.)Step by Step Solution
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