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(Ignore income taxes in this problem.) Dayton Corporation is considering a project that would require...

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Accounting

(Ignore income taxes in this problem.) Dayton Corporation is considering a project that would require an investment of $65,000. No other cash outflows would be involved. The present value of the cash inflows would be $83,200. The profitability index of the project is closest to: (Round your answer to 2 decimal places.)

0.72

0.28

1.28

0.22

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