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What is the project's Profitability Index? Round to two decimal places. Outflow: $55,000 today Inflow: Single inflow of $115,000 in 5 years Cost of capital

What is the project's Profitability Index? Round to two decimal places.

Outflow: $55,000 today
Inflow: Single inflow of $115,000 in 5 years
Cost of capital (discount rate) of 8%

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