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Q18. You are analyzing a project with the following Cash flows: Year Cash Flow -$33,700 $14,800 2 $0 3 $24,600 Calculate the project's profitability

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Q18. You are analyzing a project with the following Cash flows: Year Cash Flow -$33,700 $14,800 2 $0 3 $24,600 Calculate the project's profitability index assuming a discount rate of 6.2% per year. b) Explain why the project should be accepted or Rejected based on the profitability index.

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