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A project has a required discount rate of 10.9% per year. The initial cost of the project is $325,000. The project creates annual CFFAs of

A project has a required discount rate of 10.9% per year. The initial cost of the project is $325,000. The project creates annual CFFAs of 106,000 for each of the next 5 years what is the profitability index of the project
Please calculate with a financial calculator and not arithmetically (please show all work)

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