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QUESTION
A normal project has the following cash flows: CF(0) = -$5,000, CF(1) to CF(4) = +$2,000 each year, 1-4. If the discount rate is 15%, what is the
- A normal project has the following cash flows: CF(0) = -$5,000, CF(1) to CF(4) = +$2,000 each year, 1-4. If the discount rate is 15%, what is the project's profitability index, PI? [2 decimal places]
