Solved: The investment will cost you 8975 today if the appropriate, Basic Computer Science

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The investment will cost you 8975 today if the appropriate

You are offered an investment with returns of $ 2,961 in year 1, $ 3,860 in year 2, and $ 4,322 in year 3. The investment will cost you $ 8,975 today. If the appropriate Cost of Capital (quoted interest rate) is 8.8 %, what is the Profitability Index of the investment?

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Basic Computer Science: The investment will cost you 8975 today if the appropriate

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