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You are considering a project that will produce cash inflows of $16,000 a year for three years followed by $9,500 in Year 4 and $12,500

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You are considering a project that will produce cash inflows of $16,000 a year for three years followed by $9,500 in Year 4 and $12,500 in year five. The cost of the project is $42,000. What is the profitability index if the discount rate is 14 percent? 0.710.901.1709.05

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