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A project requires an investment of $ 1 , 3 0 0 and has a net present value of $ 5 0 0 . If

A project requires an investment of $1,300 and has a net present value of $500. If the internal rate of return is 9%, what is the profitability index for the project? (Round your answer to 2 decimal places.)
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2.61
0.58
0.09
1.38

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