Question: The profitability index for a project whose initial investment is $40,000 and receives annual cash flows of $15,000 per year for 4 years at a

The profitability index for a project whose initial investment is $40,000 and receives annual cash flows of $15,000 per year for 4 years at a cost of capital of 12% is: 1,320 0.861 1,139 0.987 1,500

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