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Question 38 (2.5 points) Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that
Question 38 (2.5 points) Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that requires an initial investment of $1,000. It will provide the cash inflows of $500 in year 1, $300 in year 2, and $100 each year hereafter (starting in year 3). The required rate of return is 10% for this project. The profitability index for this project is OA) 0.76 O B) 1.53 C) 0.47 D) 1.24
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