Question: You are considering a project that has an initial cost of $1,200,000. If you take the project, it will produce net cash flows of $200,000

You are considering a project that has an initial cost of $1,200,000. If you take the project, it will produce net cash flows of $200,000 per year for the next six years. If the appropriate discount rate for the project is 10 percent, what is the profitability index of the project? O 2.09 O 1.00 O 0.73 O 6.0 O 0.27

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