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Corporation projects cash flows of $14,500, $21,400, and $31,900 for Years 1 to 3 for a project with an initial cost of $45,000. What is

Corporation projects cash flows of $14,500, $21,400, and $31,900 for Years 1 to 3 for a project with an initial cost of $45,000. What is the profitability index given an assigned discount rate of 12 percent?

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