The following is given. Invested year 0 = $ 21500. Cash flow in year 1 = $
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Question:
The following is given. Invested year 0 = $ 21500. Cash flow in year 1 = $ 7400, year 2 = $ 9800, year 3 = $ 8900. What is the profitability index of the project if the yield is 9% ?
Choose one answer
a) 1.04
b) 1.02
c) 0.98
d) 0.96
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