Question: PEPCO Inc. evaluates capital projects using the net present value, internal rate of return, profitability index, and payback methods. A project has an IRR of

PEPCO Inc. evaluates capital projects using the net present value, internal rate of return, profitability index, and payback methods. A project has an IRR of 13.0%, a NPV of $104,000 and a time period 0 cash outflow of $650,000. What is the project's profitability index

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