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POD has a project with the following cash flows: Year Cash Flows 0 $255,000 1 146,800 2 164,300 3 129,400 The required return is 9.6

POD has a project with the following cash flows:

Year Cash Flows
0 $255,000
1 146,800
2 164,300
3 129,400

The required return is 9.6 percent. What is the profitability index for this project?

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