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Question - A project has an initial cost of $40,100 and anticipated cash flows of $10,200, $21,700, $15,600, and $7,800 for Years 1 to 4, respectively. What is the profitability index value if the required return is 12.6 percent?
A. .96
B. .99
C. 1.05
D. 1.01
E. .92
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