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A project has the following cash flows. Assume an interest rate of 15%. What is the Profitability Index (PI)? Year Cash Flow 0 -$2,431 1

A project has the following cash flows. Assume an interest rate of 15%. What is the Profitability Index (PI)?

Year	Cash Flow
0	-$2,431
1	$706
2	$260
3	$450

Note: Enter your answer rounded off to two decimal points.

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