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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 $-21,000 1
What is the profitability index for an investment with the following cash flows given a 8 percent required return?
Year Cash Flow
0 $-21,000
1 $7,300
2 $9,400
3 $8,400
A 1.02
b 1.04
c 1.00
d .96
e .98
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