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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
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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