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ABC Company Limited looking to invest in one of the proposed projects. The cost of that project is $ 5 0 , 0 0 0

ABC Company Limited looking to invest in one of the proposed projects. The cost of that project is $50,000 and cash inflows and outflows are projected for 5 years, as shown in the below table. Calculate the Profitability Index for the projects using the given interest rate and the rate of 9%. The interest rate is 7%.

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