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Question 14 (3 points) You have the following information on a project's cash flows. The project's required rate is 12%. Year Cash flows 0 1
Question 14 (3 points) You have the following information on a project's cash flows. The project's required rate is 12%. Year Cash flows 0 1 -$89,000 23,000 28,000 2. 3 34,000 4 70,000 The project's profitablity index is ____ . Round it to two decimal places Your
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