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You are offered an investment with returns of $1,195 in year 1,$4,841 in year 2 , and $4,415 in year 3 . The investment will

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You are offered an investment with returns of $1,195 in year 1,$4,841 in year 2 , and $4,415 in year 3 . The investment will cost you $6,427 today. If the appropriate Cost of Capital (quoted interest rate) is 11.0%, what is the Profitability Index of the investment? Enter your answer to the nearest .01. Do not use the $ sign or commas in your answer. If the NPV is negative, use the - sign

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