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What is the profitability index (to the nearest 0.01) of a project with an initial outlay of $802, free cash flows of $255 in each

What is the profitability index (to the nearest 0.01) of a project with an initial outlay of $802, free cash flows of $255 in each of the next 5 years, and the required rate of return of 6.77%? Blank 1. Calculate the answer by read surrounding text

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