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A project has an initial cost of $60,000, expected net cashinflows of $15,000 per year for 7 years, and a cost of capital of9%. What

A project has an initial cost of $60,000, expected net cashinflows of $15,000 per year for 7 years, and a cost of capital of9%. What is the project's PI? (Hint: Begin by constructing a timeline.) D 2 answers

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