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You are considering a project with an initial cash outlay of $80,000 and expected free cash flows of $25,000 at the end of each year

You are considering a project with an initial cash outlay of $80,000 and expected free cash flows of $25,000 at the end of each year for 5 years. The required rate of return for this project is 7%. What is the project's profitability index?

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