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The management of Leitheiser Corporation is considering a project that would require an initial investment of $47,000. No other cash outflows would be required. The

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The management of Leitheiser Corporation is considering a project that would require an initial investment of $47,000. No other cash outflows would be required. The present value of the cash inflows would be $66,080. The profitability index of the project is closest to (Ignore income taxes.)

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