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You are considering an investment for your company that would cost $ 1 5 0 , 0 0 0 today and returns $ 3 2

You are considering an investment for your company that would cost $150,000 today and returns $32,000 every year for 7 years. Assuming a required rate of return of 4%, what is the Profitability Index of this investment?
0.93
0.74
1.06
1.28

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