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What is the benefit-cost ratio (profitability ratio) for an investment with the following cash flows at a 13.2% required return? (Round to two decimal places)
What is the benefit-cost ratio (profitability ratio) for an investment with the following cash flows at a 13.2% required return? (Round to two decimal places) Year Cash Flow 0 $ (49,905) 1 9,900 2 35,911 3 11,436
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