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A project costs 12,000 and has a discount rate of 16.4 %. Calculate the profitability index of the project that has cash flows of 2,500

A project costs 12,000 and has a discount rate of 16.4 %. Calculate the profitability index of the project that has cash flows of 2,500 per year in years 1 and 2, and 4000 per year in years 3, 4, and 5.

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