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Find the probability index PI for the following series of future cash flows assuming the company's cost of capital is 6.88%. the initial outlay is
Find the probability index PI for the following series of future cash flows assuming the company's cost of capital is 6.88%. the initial outlay is $361,169.
Year 1: $ 156,240
Year 2: $126,900
Year 3: 146,291
Year 4: $131,207
Year 5: $169,932
Round the answer to two decimal points
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