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(CH8 Problem 13) What is the profitability index for the following set of cash flows if the relevant discount rate is 18 percent? Round your

(CH8 Problem 13) What is the profitability index for the following set of cash flows if the relevant discount rate is 18 percent? Round your answer to the nearest hundredth (i.e. xx.xx). Year Cash Flow 0-$1,150 1 $1,700 2 $360 3 $310 4 $1,110

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