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A project has an initial outlay of $1,798. It has a single payoff at the end of year 9 of $7,853. What is the profitability

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A project has an initial outlay of $1,798. It has a single payoff at the end of year 9 of $7,853. What is the profitability index (PI) of the project, if the company's cost of capital is 9.19 percent? Round the answer to two decimal places. Your

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