What is the profitability index for the project

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Reference no: EM13509995

Kuntz Company has a project that requires an initial investment of $32,800 and has the following expected stream of cash flows:

Year 1-25,000
Year 2-20,000
Year 3-10,000

Required

Assuming the company's cost of capital is 12 percent, what is the profitability index for the project? (Round to one decimal place.)

 

Reference no: EM13509995

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