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FutureGrowth Investments evaluates potential investment opportunities. Calculate the profitability index (PI) for an investment project with the following data: Initial Investment: $800,000 Annual Cash Inflows:

“FutureGrowth Investments” evaluates potential investment opportunities. Calculate the profitability index (PI) for an investment project with the following data:

Initial Investment: $800,000

Annual Cash Inflows: $200,000

Discount Rate: 12%

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