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What is the profitability index of a project that costs $10,000 and provides cash flows of $4,000 in years 1 and 2 and $6,000 in
What is the profitability index of a project that costs $10,000 and provides cash flows of $4,000 in years 1 and 2 and $6,000 in years 3 and 4? The discount rate is 10%
I got 1.55. This appears to be incorrect.
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