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Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.35 percent. The initial outlay
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.35 percent. The initial outlay is $320,162. Year 1: $136,655 Year 2: $192,226 Year 3: $168,321 Year 4: $158,319 Year 5: $198,200 Round the answer to two decimal places
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