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What is the profitability index of a project that costs $8,000 and provides cash flows of $2,400 in years 1 and 2 and $4,400 in
What is the profitability index of a project that costs $8,000 and provides cash flows of $2,400 in years 1 and 2 and $4,400 in years 3 and 4 ? The discount rate is 10%. Note: Do not round intermediate calculations. Round your answer to 4 decimal places Step by Step Solution
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