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You are considering a project with an initial investment of $ 97,000 and. which is expected to generate a cash flow of $ 20,000 in

You are considering a project with an initial investment of $ 97,000 and. which is expected to generate a cash flow of $ 20,000 in each of the next 6 years. The required rate of return for the project is 10%. Determine the Profitability Index (PI).

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