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Deibel Corporation is considering a project that would require an investment of $60,000. No other cash outflows would be involved. The present value of the

Deibel Corporation is considering a project that would require an investment of $60,000. No other cash outflows would be involved. The present value of the cash inflows would be $73,800. The profitability index of the project is closest to: (Ignore income taxes.) (Round your answer to 2 decimal places.)

0.19
1.23
0.23
0.77

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