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The following information is available for a potential investment for Panda Company: Initial investment $95,000 Net annual cash inflow 20,000 Net present value 36,224 Salvage

The following information is available for a potential investment for Panda Company:

Initial investment $95,000

Net annual cash inflow 20,000

Net present value 36,224

Salvage value 10,000

Useful life 10 yrs.

The potential investment's profitability index is

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