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HELP PLEASE A project has an initial outlay of $10,399. The project will generate cash flows of $5,357 in Years 1-4. What is the profitability
HELP PLEASE
A project has an initial outlay of $10,399. The project will generate cash flows of $5,357 in Years 1-4. What is the profitability index (PI) of this project? Assume an interest rate of 10%.
Note: Enter your answer rounded off to two decimal points.
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