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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 $-21,500 1

What is the profitability index for an investment with the following cash flows given a 8 percent required return? Year Cash Flow 0 $-21,500 1 $7,000 2 $9,600 3 $8,600 .98 .96 1.02 .95 1.00

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