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8 What is the profitability index of a project that costs $8,000 and provides cash flows of $2,800 in years 1 and 2 and $4,800

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What is the profitability index of a project that costs $8,000 and provides cash flows of $2,800 in years 1 and 2 and $4,800 in years 3 and 4 ? The discount rate is 9%. Note: Do not round intermediate calculations. Round your answer to 4 decimal places

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