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A project will cost $36,000 today and is forecasted to earn an inflow of $6,000 during the first year, followed by 7 annual cash flows
A project will cost $36,000 today and is forecasted to earn an inflow of $6,000 during the first year, followed by 7 annual cash flows of $10,000 thereafter. Cost of capital is 8.1%. What is this project's Profitability Index?
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