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Question 28 1 pts What is the profitability index (PI) of a project that has the following cash flows? The required return is 12.0%. Year
Question 28 1 pts What is the profitability index (PI) of a project that has the following cash flows? The required return is 12.0%. Year Cash Flow 0 1 2 $(14,000) $ 3,000 $3,000 $3,000 $3,000 3 4 5 $ 3,000 6 $3,000 1.09 1.03 0.88 0.93 None of these are correct
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