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A project requires an initial cash flow of - $ 5 1 4 , 0 0 0 that is expected to be followed by a
A project requires an initial cash flow of $ that is expected to be followed by a series of $ annual inflows in years through Because the firm has a limited number of engineers that it can employ on new projects this year, management would like to assess a profitability index that represents the current project's NPV per engineer employed. The project requires engineers, and the appropriate cost of capital is Compute the profitability index for this project, and round your answer to the nearest dollar. Be sure to use a negative sign if your answer is a negative number.
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