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What is the profitability index for an investment with the following cash flows given a 6 percent required return? Year Cash Flow 0 $29,000 1
What is the profitability index for an investment with the following cash flows given a 6 percent required return? |
Year | Cash Flow |
0 | $29,000 |
1 | 11,700 |
2 | 14,000 |
3 | 13,400 |
a. 1.06
b. 0.74
c. 0.83
d. 1.20
e. 1.35
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