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A new project costs $125,000. The operating cost is $55,000 annual. The operating revenue is $190,000 annual. The operating cash flows start one year from

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A new project costs $125,000. The operating cost is $55,000 annual. The operating revenue is $190,000 annual. The operating cash flows start one year from now and will last for 10 years. Assuming a cost of capital of 8%, calculate the profitability index

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