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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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