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What is the profitability index for the following set of cash flows if the relevant discount rate is 10 percent? Year Cash Flow 0 -$26,300

What is the profitability index for the following set of cash flows if the relevant discount rate is 10 percent?

Year Cash Flow
0 -$26,300
1 18,400
2 15,200
3 8,600

A.

1.36

B.

1.17

C.

0.87

D.

1.92

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