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Project Boyaz is expected to generate $38,000 each year for the next 8 years. It will cost $97,000 to implement the project today. If the

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Project Boyaz is expected to generate $38,000 each year for the next 8 years. It will cost $97,000 to implement the project today. If the prject's required rate of return is 16.7%, what is its profitability index? Round your final answer to two decimal places (Ex. 0.00)

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