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A project has an initial investment of $169,795. Its four annual cash inflows are estimated to be $56,560 in year 1, $90,400 in years 2
A project has an initial investment of $169,795. Its four annual cash inflows are estimated to be $56,560 in year 1, $90,400 in years 2 and 3, and $56,560 in year 4.If the rate of return is 14.25%, calculate the project's profitability index.
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