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A project has the following cash flows: Year Cash Flows 0. $128,100 1. 48,800 2. 63,800 3. 51,600 4. 28,100 The required return is 8.6

A project has the following cash flows:

Year Cash Flows

0. $128,100

1. 48,800

2. 63,800

3. 51,600

4. 28,100

The required return is 8.6 percent. What is the profitability index for this project?

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