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What is the profitability index of an investment with cash flows in years 0 thru 2 of -320, 220, 230, respectively, and a discount rate
What is the profitability index of an investment with cash flows in years 0 thru 2 of -320, 220, 230, respectively, and a discount rate (required return) of 11%?
a.
.20
b.
0.25
c.
.15
d.
0.30
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