Question $3$ of $10$

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Whispering Winds Inc. is considering a capital project costing $$47810.$ The project is projected to provide annual cost savings of $$18000$ for the first $2$ years and $$17000$ for the third year. The expected salvage value is $$0$ and the company uses straight$-$line depreciation. Assuming a $10\%$ rate of return, what is the project's profitability index? $.$

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