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An investment project requires an upfront investment of $ 2 , 4 0 0 today and will payout $ 1 , 5 0 0 in

An investment project requires an upfront investment of $2,400 today and will payout $1,500 in three years and then another $2,000 in 5 years. What is the profitability index if the cost of capital is 8%?

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