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Westover Company is considering a project that provides an annual cash inflow of $150,000 for the first six years, $200,000 per year for Year 7
Westover Company is considering a project that provides an annual cash inflow of $150,000 for the first six years, $200,000 per year for Year 7 through Year 9, and $500,000 for Year 10. The project requires an initial investment of $1 million. If the firms required return for this project is 10 percent, what is the profitability index?
1.1108
1.0522
1.0233
1.1203
1.1268
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