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8. Problem 10-04 (Profitability Index) elbook Profitability Index A project has an initial cost of $40,000, expected net cash inflows of 89,000 per year for

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8. Problem 10-04 (Profitability Index) elbook Profitability Index A project has an initial cost of $40,000, expected net cash inflows of 89,000 per year for years, and a cost of capital of . What is the project's Pet Begls by constructing timeline.) Do not round intermediate calculations. Round your answer to two decimal places

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