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What is the profitability index of a simple one-period project with an initial investment of $ 12 comma 200 and an expected net cash flow

What is the profitability index of a simple one-period project with an initial investment of $ 12 comma 200 and an expected net cash flow in one year $ 16 comma 000 , assuming a discount rate of 7.9 percent? The profitability index is nothing . (Round to two decimal places.)

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