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Question 6 Trovato Corporation is considering a project that would require an investment of $48,000....

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Accounting

Question 6 Trovato Corporation is considering a project that would require an investment of $48,000. No other cash outflows would be involved. The present value of the cash inflows would be $51,840. The profitability index of the project is closest to (Ignore income taxes.):

a.) 0.07

b.) 0.08

c.) 0.92

d.) 1.08

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