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A new project will have an intial cost of $15,000. Cash flows from the project are expected to be $4,000,$6,000, and $8,000 over the next
A new project will have an intial cost of $15,000. Cash flows from the project are expected to be $4,000,$6,000, and $8,000 over the next 3 years, respectively. Assuming a discount rate of 10%, what is the project's PI? 1.01 1.09 1.07 0.97 1.05
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