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What is the profitability index of a project with an initial cost of $220,000 and three annual inflows of $210,000? Assume a cost of capital
What is the profitability index of a project with an initial cost of $220,000 and three annual inflows of $210,000? Assume a cost of capital of 9% and inflows starting one year from today.
Enter your answer as a number rounded to 4 decimal places. An answer of 23.45678 would be entered as 23.4568.
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