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a project has an initial cost of $ 3 5 , 0 0 0 , expected new cash inflows of $ 9 , 0 0

a project has an initial cost of $35,000, expected new cash inflows of $9,000 per year for 6 years, and a cost of capital of 9%. What is the project's PI? do not round intermediate calculations. round your answer to two decimal places

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