morganmsaylor6223 morganmsaylor6223

10-04-2024
Business

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Consider an investment that costs $100,000 and has a cash inflow of $25,000 every year for 5 years. The required return is 9%. What is the classic profitability index?
a. 0.99
b. 1.12
c. 0.89
d. 1.04

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