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Using the information from Project ( E ) in question ( # 6 ) above, calculate Project E's profitability index. (If necessary, round your answer

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Using the information from Project \\( E \\) in question \\( \\# 6 \\) above, calculate Project E's profitability index. (If necessary, round your answer to the nearest hundredth.) 6. Project \\( E \\) has an initial required investment of \\( \\$ 100,000 \\). It will generate cash inflows of \\( \\$ 30,000 \\) per year in Year 1 and Year 2; \\( \\$ 25,000 \\) per year in Years 3,4 , and 5 ; and no cash flows in Year 6 and beyond. The applicable cost of capital is \8. Calculate the net present value of Project \\( E \\). (If necessary, round your answer to the nearest whole dollar) 7. Using the information from Project \\( E \\) in question \\( \\# 6 \\) above, calculate Project \\( E \\) 's profitability index. (If necessary, round your answer to the nearest hundredth.)

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