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22-04-2024
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A project with an initial cost of $31,700 is expected to provide cash flows of $12,450, $12,800, $15,900, and $10,400 over the next four years, respectively. If the required return is 8.7 percent, what is the project's profitability index? Multiple Choice 1.329 1.107 1.218 1.495 .753

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