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A project with an initial cost of $30,300 is expected to provide cash flows of $10,350, $11,400, $14,500, and $9,000 over the next four years,
A project with an initial cost of $30,300 is expected to provide cash flows of $10,350, $11,400, $14,500, and $9,000 over the next four years, respectively. If the required return is 8.8 percent, what is the project's profitability index?
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