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  3. 3) villena corporation is considering a project th

3) Villena Corporation is considering a project that would require an investment of $48,000. No...

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Accounting

3) Villena Corporation is considering a project that would require an investment of $48,000. No other cash outflows would be involved. The present value of the cash inflows would be $52,800. The profitability index of the project is closest to:

A) 0.09

B) 0.90

C) 1.10

D) 0.10

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