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What is the profitability index of a project with the

Question: What is the profitability index of a project with the following cash flows if the discount rate is 16 percent?

Year CF

0 -1,457

1 177

2 260

3 651

4 213

Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

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