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A five-year project costs $844,333 to build. Based on the expected cashflows discounted at 12% rate of return, the project's NPV is estimated to be

A five-year project costs $844,333 to build. Based on the expected cashflows discounted at 12% rate of return, the project's NPV is estimated to be $722,368. Compute the project's profitability Index (PI)

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