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What is the profitability index (to the nearest 0.01) of a project with an initial outlay of $1181, free cash flows of $215 in each
What is the profitability index (to the nearest 0.01) of a project with an initial outlay of $1181, free cash flows of $215 in each of the next 6 years, and the required rate of return of 7.82%?
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