adrewello3546 adrewello3546
  • 22-03-2024
  • Business
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What is the profitability index of a project that costs $8,000 and provides cash flows of $2,600 in years 1 and 2 and $4,600 in years 3 and 4? The discount rate is 8%.
a) 0.95
b) 1.03
c) 1.14
d) 1.22

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