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A project has an initial investment of 199000 and will

A project has an initial investment of $199,000 and will generate 5 annual cash flows of $61,900. Assume a cost of capital of 14.6 %. Calculate the profitability index? (PI). The present value of the cash inflows is ?$nothing. ?(Round to the nearest? cent.) The profitability index is nothing. ?(Round to two decimal? places.)

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Financial Management: A project has an initial investment of 199000 and will

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