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What is the profitability index of a project that costs $8,000 and provides cash flows of $2,000 in years 1 and 2 and $4,000
What is the profitability index of a project that costs $8,000 and provides cash flows of $2,000 in years 1 and 2 and $4,000 in years 3 and 4? The discount rate is 8%. Note: Do not round intermediate calculations. Round your answer to 4 decimal places. > Answer is complete but not entirely correct. Profitability index 1.2102 x
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
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