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What is the profitability index (PI) of a project that has the following cash flows? The required return is 12.0%. Year Cash Flow 0 $
What is the profitability index (PI) of a project that has the following cash flows?
The required return is 12.0%.
Year Cash Flow
0 $ (14,000)
1 $ 3,000
2 $ 3,000
3 $ 3,000
4 $ 3,000
5 $ 3,000
6 $ 3,000
Group of answer choices
None of these are correct.
0.88
1.03
1.09
0.93
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