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02-11-2022
Business

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the black horse is currently considering a project that will produce cash inflows of $12,000 a year for three years followed by $6,500 in year 4. the cost of the project is $38,000. what is the profitability index if the discount rate is 7 percent? group of answer choices 1.04 0.96 0.99 1.12 1.09

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