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A project has an initial outlay of $4,161. It has a single payoff at the end of year 6 of $9,652. What is the profitability
A project has an initial outlay of $4,161. It has a single payoff at the end of year 6 of $9,652. What is the profitability index (PI) of the project, if the companys cost of capital is 9.31 percent?
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