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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 $31,000 1

What is the profitability index for an investment with the following cash flows given a 8 percent required return? Year Cash Flow 0 $31,000 1 12,700 2 15,000 3 14,400 1.08 0.86 1.16 1.36 0.74

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