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Year Cash Flow 0 $ 7,800 1 5,900 2 4,200 3 3,900 a. What is the profitability index for the cash flows if the relevant

Year Cash Flow
0 $ 7,800
1 5,900
2 4,200
3 3,900

a. What is the profitability index for the cash flows if the relevant discount rate is 8 percent?

b. What is the profitability index for the cash flows if the relevant discount rate is 17 percent?

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