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POD has a project with the following cash flows: Year Cash Flows 0 $ 2 7 5 , 0 0 0 1 1 4 5

POD has a project with the following cash flows:
Year Cash Flows
0$ 275,000
1145,800
2163,300
3128,400
The required return is 8.6 percent. What is the profitability index for this project?
Multiple Choice
.922
.737
1.130
1.356
1.243

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