Based on the profitability index (Pl) rule, should a project with the following cash flows...
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Based on the profitability index (Pl) rule, should a project with the following cash flows be accepted if the discount rate is 8 %? Why or why not? Year 10 11 Cash Flow $18,600 $10,000 $7,300 $3,700 2 3 Multiple Choice Yes; because the Plis.999 No, because the Pl is.992 Yes, because the Plis 1.008 No; because the Pl is 1.008 Yes; because the PL is.992
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