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You have the following information on a project's cash flows. The project's required rate is 12%. Year Cash flows 0 -$ 88,000 1 23,000 2

You have the following information on a project's cash flows. The project's required rate is 12%. Year Cash flows 0 -$ 88,000 1 23,000 2 3 28,000 36.000 64,000 4 The project's profitablity index is ____. Round it to two decimal places. Your

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