Question: Using the cash flow values in the table below, calculate the Profitability Index (PI). Assume a discount rate of 9.4%. HINT: First calculate the NPV.
Using the cash flow values in the table below, calculate the Profitability Index (PI). Assume a discount rate of 9.4%. HINT: First calculate the NPV. Do not round intermediate values, Enter your answer as a number with 2 decimal places of precision (i.e., 1.23 or 0.12 ))
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