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A firm is considering a project that has an initial investment of $250,000 and is expected to produce cash inflows of $50,000 per year for

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A firm is considering a project that has an initial investment of $250,000 and is expected to produce cash inflows of $50,000 per year for 10 years. The firm's cost of capital is 11.4%,. What is the project's profitability index? Based on this, should the project be accepted? 1.16, reject because PI 1.0 0.16, reject because PI 1.0

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