A project is expected to last for 4 years and has annual net cash inflows...
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Finance
A project is expected to last for 4 years and has annual net cash inflows of $12762 per year. The project's initial investment is $40371 and the firm's weighted average cost of capital 13 per cent. What is the project's profitability index? Please round your answer to two (2) decimal places. i.e. An answer of 1.2645 should be written as 1.26
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