haleygreene7822 haleygreene7822
  • 24-05-2023
  • Business
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Consider the following cash flows: Year Cash Flow 0 $-28,600 1 15,100 2 13,800 3 10,200
Requirement 1:
What is the profitability index for the above set of cash flows if the relevant discount rate is 11 percent? (Do not round intermediate calculations. Round your answer to 3 decimal places (e.g., 32.161).)
Profitability index

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