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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:

  1. $ 200,000
  2. $ 255,000
  3. $ 390,000
  4. $ 550,000

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