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Find the profitability index (PI) for the following project. The project requires an initial investment of $1,930 and provides 5 annual cash inflows of $235.

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Find the profitability index (PI) for the following project. The project requires an initial investment of $1,930 and provides 5 annual cash inflows of $235. Assume a cost of capital of 14.2%. The present value of the cash inflows is $ (Round to the nearest cent.) The profitability index is. (Round to two decimal places)

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