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A company has a design project that is as follows: Cash Flow Year 0 = -$53,000 Year 1 = $12,000 Year 2 = $33,500 Year

A company has a design project that is as follows:

Cash Flow

Year 0 = -$53,000

Year 1 = $12,000

Year 2 = $33,500

Year 3 = $24,500

If the required return is 10%, what is the profitability index for the project? What is the NPV for this project?

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