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A project has an in tal cost of $35,000, expected net cash inflows of $14,000 per year for 8 years, and a cost of capital
A project has an in tal cost of $35,000, expected net cash inflows of $14,000 per year for 8 years, and a cost of capital of 11%. What is the projects Pl? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places
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