Assume a project has cash flows of -$891,300, $408,200, $237,380, $392,600, and $214,700 for years 0 to

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Assume a project has cash flows of -$891,300, $408,200, $237,380, $392,600, and $214,700 for years 0 to 4, respectively. What is the profitability index given a required return of 12.3. percent?

Group of answer choices

1.08

0.08

1.42

0.42

1.63

Related Book For answer-question

Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Posted Date: Dec 09, 2022 06:03 AM

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Assume a project has cash flows of -$891,300, $408,200, $237,380, $392,600, and $214,700 for years 0 to

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