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Profitability index. Given the discount rate and the future cash flow of each project listed in the following table, use the PI to determine which

image text in transcribedimage text in transcribed Profitability index. Given the discount rate and the future cash flow of each project listed in the following table, use the PI to determine which projects the company should accept. What is the PI of project A ? (Round to two decimal places.) \begin{tabular}{|l|c|r|} \hline Cash Nlow & Project A & Project B \\ \hline Year 0 & $1,900,000 & $2,700,000 \\ \hline Year 1 & $150,000 & $1,350,000 \\ \hline Year 2 & $350,000 & $1,150,000 \\ \hline Year 3 & $550,000 & $950,000 \\ \hline Year 4 & $750,000 & $750,000 \\ \hline Year 5 & $950,000 & $550,000 \\ \hline Discount rate & 8% & 18% \\ \hline \end{tabular}

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