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Scarlett is considering three investment projects: A, B, C. Project A would require an investment of $27592, Project B of $59061, and Project C of

Scarlett is considering three investment projects: A, B, C. Project A would require an investment of $27592, Project B of $59061, and Project C of $91302. No other cash outflows would be involved. The present value of the cash inflows would be $33359 for Project A, $66976 for Project B, and $98536 for Project C. Compute the project profitability for project B. Round your answer to 2 decimal places.

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