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A project has an initial cost of $36,000.00, expected net cash inflows of $9,900.00 per year for 11 years, and a cost of capital of
A project has an initial cost of $36,000.00, expected net cash inflows of $9,900.00 per year for 11 years, and a cost of capital of 9.00%. What is the project's PI? Answer is either: a). $3.42 b). $2.80 c).$3.33 d).$2.92 e).$1.87
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