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What is the profitability index for an investment with the following cash flows given a 9 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 9 percent required return?
Year | Cash Flow |
0 | $-21,000 |
1 | $7,200 |
2 | $9,700 |
3 | $8,600
|
1.04
1.00
.96
.98
1.02
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