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Your firm is considering a project that costs $56,347. This opportunity will provide cash flows of $15,302, $12,070, $27,533, and $12,352 over the next four

Your firm is considering a project that costs $56,347. This opportunity will provide cash flows of $15,302, $12,070, $27,533, and $12,352 over the next four years. Your firm has a required rate of return of 9%.

What is the project's profitability index?

(Enter your answer to two decimal places)

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