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1.4650 is NOT the answer What is the profitability index of a project that costs $10,000 and provides cash flows of $3,500 in years 1

1.4650 is NOT the answer
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What is the profitability index of a project that costs $10,000 and provides cash flows of $3,500 in years 1 and 2 and $5,500 in years 3 and 4 ? The discount rate is 8%. Note: Do not round intermediate calculations. Round your answer to 4 decimal places

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