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What is the profitability index for an investment with the following cash flows given a 8 percent required return? Year Cash Flow 0 $36,000 1

What is the profitability index for an investment with the following cash flows given a 8 percent required return?

Year Cash Flow
0 $36,000
1 15,200
2 17,500
3 16,900

0.73

0.85

1.38

1.18

1.08

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