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19 December, 04:28

The black horse is currently considering a project that will produce cash inflows of $11,000 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 9 percent?

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  1. 19 December, 07:17
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    39500 minus 34920 is 4580 dollars I believe
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