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Profitability Index Question What is the profitability index for an investment with the following cash flows given a 8 percent required return? Year Cash Flow

Profitability Index Question

What is the profitability index for an investment with the following cash flows given a 8 percent required return?
Year Cash Flow
0 $-21,000
1 $7,300
2 $9,500
3

$8,800

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