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A project has the following cash flows. Assume an interest rate of 12%. What is the Profitability Index (PI) rounded of to two decimal points?

A project has the following cash flows. Assume an interest rate of 12%. What is the Profitability Index (PI) rounded of to two decimal points? Year Cash Flow 0 -$2,122 1 $617 2 $171 3 $769

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