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Verizon is thinking about building a new set of cell towers. The cost of building these towers today would be 242 million dollars. The new

Verizon is thinking about building a new set of cell towers. The cost of building these towers today would be 242 million dollars. The new towers would then increase future cash flows by 95 million dollars in year 1, 3 million dollars in year 2, 7 million dollars in year 3, and 74 million dollars in year 4. Suppose the cost of capital is 47%. What is the profitability index of this project?

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