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A new security system has a price-tag of $7,500, but should save your company $3,375 each year for the next 10 years in reduced thefts.

A new security system has a price-tag of $7,500, but should save your company $3,375 each year for the next 10 years in reduced thefts. What is the profitability index of the security system? Use a discount rate of 12.4%.

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