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IBM is planning to produce an expert system based on artificial intelligence and expects the following cash flows (in $ million) at the end of

IBM is planning to produce an expert system based on artificial intelligence and expects the following cash flows (in $ million) at the end of each year:

YearCash flow0-64110215320430

The company requires a return of 6% from this project.

Attempt 1/3 for 10 pts.

Part 1

What is the project's profitability index?

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