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You build a windmill that costs $ 5 0 0 , 0 0 0 and agree to a 2 5 - year power purchase agreement

You build a windmill that costs $500,000 and agree to a 25-year power purchase agreement for which you receive $60,000 each year. If your required return is 8.25%, what is the profitability index (PI) of this project?
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0.2541
0.4982
0.2026
0.3791

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