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The present value of future cash flows is $4150 and an initial cost is $1300 then the profitability index will be ____________?

/ Basics of Capital Budgeting Evaluating Cash Flows, Finance Mcqs / By
The present value of future cash flows is $4150 and an initial cost is $1300 then the profitability index will be ____________?

A. 0.0319
B. 3.19
C. 0.31 times
D. 5450