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Suppose a project will cost $7,360 to install. It will provide cash flows of $3,187, $3,154 and $2,981 in the next three years. Suppose

Suppose a project will cost $7,360 to install. It will provide cash flows of $3,187, $3,154 and $2,981 in the next three years. Suppose the opportunity cost of capital is 7%. The profitability index of the project is %. [Hints/Example]

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