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A project has an initial outlay of $1,921. It has a single payoff at the end of year 5 of $9,385. What is the profitability

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A project has an initial outlay of $1,921. It has a single payoff at the end of year 5 of $9,385. What is the profitability index (PI) of the project, if the company's cost of capital is 14.24 percent? Round the answer to two decimal places

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