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What is the profitability index of a project that costs $8,000 and provides cash flows of $2,500 in years 1 and 2 and $4,500 in

What is the profitability index of a project that costs $8,000 and provides cash flows of $2,500 in years 1 and 2 and $4,500 in years 3 and 4? The discount rate is 9%.

What is the profitability Index? Round answer to 4 decimal points.

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