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(Ignore income taxes in this problem.) The management of Cantell Corporation is...

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Accounting

(Ignore income taxes in this problem.) The management of Cantell
Corporation is considering a project that would require an initial
investment of $60,000. No other cash outflows would be required.
The present value of the cash inflows would be $73,800. The
profitability index of the project is closest to:a.1.23b.0.19c.0.77d.0.23

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