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The following relates to a project that you are considering: Project initial investment of $95,000 Year 1 cash flow $21,000 Year 2 cash flow $23,000
The following relates to a project that you are considering: Project initial investment of $95,000 Year 1 cash flow $21,000 Year 2 cash flow $23,000 Year 3 cash flow $25,000 Year 4 cash flow $27,000 If the rate of return is 8%, calculate the project's Profitability Index.
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