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Project DEF Initial End-of-Year Investment Cash Flows for years 1-3, respectively $35,000 $20,000 30,000 23,000 WACC = 15% What is the Profitability Index? (Please round

Project DEF

Initial End-of-Year

Investment Cash Flows for years 1-3, respectively

$35,000 $20,000

30,000

23,000

WACC = 15%

What is the Profitability Index? (Please round to the nearest hundredth and do not enter a dollar sign)

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