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Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.90 million and

Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.90 million and create incremental cash flows of $589,006.00 each year for the next five years. The cost of capital is 11.78%. What is the profitability index for the J-Mix 2000? (round to 3 decimal places)

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