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Question 32 2.5 pts A project with an initial outlay of $1,000,000 and free cash flows of $500,000 per year for the next three years
Question 32 2.5 pts A project with an initial outlay of $1,000,000 and free cash flows of $500,000 per year for the next three years is being evaluated. What is the Profitability Index (PI) of the project at 10% rate? 0.5 0.0.24 1.24 O 01.5
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