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16. What is the profitability index for the following set of cash flows if the...

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Finance

16. What is the profitability index for the following set of cash flows if the discount rate is 10%

Year 0: ($6,100)

Year 1: $2,600

Year 2: $2,700

Year 3: $1,200

Year 4: $3,000

Select one:

a.0.24

b.1.56

c.0.56

D.1.24

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