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SpaceEx has a cost of capital of 9%. Calculate the profitability index of a new rocket booster project that will cost $1,000,000 and has the
SpaceEx has a cost of capital of 9%. Calculate the profitability index of a new rocket booster project that will cost $1,000,000 and has the following estimated annual cash inflows:
- $ 200,000
- $ 255,000
- $ 390,000
- $ 550,000
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