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Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 5.24 percent. The initial outlay

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Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 5.24 percent. The initial outlay Is $418,281. Year 1: $164937 Year 2:$153,080 Year 3: $137567 Year 4: S126709 Year 5: $157,845 Round the answer to two decimal places

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