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Question 17 (Mandatory) (6 points) Based on the profitability index (PI) rule, should a project with the following estimated cash flows be accepted if the

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Question 17 (Mandatory) (6 points) Based on the profitability index (PI) rule, should a project with the following estimated cash flows be accepted if the discount rate is 8%? Why or why not? Year Cash Flow 0-$18,600 1 $10,000 2 $7,300 3 $3,700 A) Yes; because the Plis 1.008 B) Yes; because the PI is.992 C) Yes; because the PI is .999 D) No; because the PI is 1.008 E) No; because the PI is.992

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