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Stanley properties is planning to implement a project that will produce cash inflows of $9,500 a year for the first three years followed by $5,550

Stanley properties is planning to implement a project that will produce cash inflows of $9,500 a year for the first three years followed by $5,550 in Year 5 and $3,450 in Year 6. The cost of the project is $29,270. What is the profitability index of the project if the discount rate is 7.25 percent?

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