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REM Speedway has a project with the following cash flows: table [ [ Year , Cash,Flows ] , [ 0 , - $ ,

REM Speedway has a project with the following cash flows:
\table[[Year,Cash,Flows],[0,-$,247,000],[1,,147,200],[2,,164,700],[3,,129,800]]
The required return is 8.5 percent. What is the profitability index for this project?
A)1.527
B).655
C).819
D)1.273
E)1.400
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