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Which of the following comes closest to the profitability index (PI) of a project that requires an initial investment of $100 and produces a single

Which of the following comes closest to the profitability index (PI) of a project that requires an initial investment of $100 and produces a single cash flow of $160 at the end of year 10 if the required rate of return is 11%?

a.

0.62

b.

0.43

c.

0.52

d.

0.56

e.

0.47

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