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25-05-2023
Business

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Given the future cash flows (from cost savings) of equipment for the next three years, use a discount rate of 10% to calculate the profitability index. (Correct to 3 decimal place) : A. Year 0 = -$1.000.000 (initial investment) B. Year 1 = -$600.000 C. Year 2 = -$500.000 D. Year 3 = -$400.000

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