The profitability index of the project is closest

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Deibel Corporation is considering a project that would require an investment of $74,000. No other cash outflows would be involved. The present value of the cash inflows would be $101,380. The profitability index of the project is closest to: (Ignore income taxes in this problem.)

0.63

0.37

1.37

0.27

Reference no: EM13789400

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