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What is the profitability index for an investment with the following cash flows given a 9% required return? Year Cash flow 0 -21,000 1 7,400

What is the profitability index for an investment with the following cash flows given a 9% required return?

Year Cash flow

0 -21,000

1 7,400

2 9,800

3 8,900

		0.98
		0.96
		1.00
		1.04

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