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A project has an initial cost of $35,000, expected net cash inflows of $13,000 per year for 11 years, and a cost of capital of
A project has an initial cost of $35,000, expected net cash inflows of $13,000 per year for 11 years, and a cost of capital of 9%. What is the project's PI? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places
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International Business The Challenges Of Globalization
Authors: John J. Wild, Kenneth L. Wild
9th Edition
0134729226, 978-0134729220
