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A project has an initial cost of $60,000, expected net cashinflows of $14,000 per year for 12 years, and a cost of capital of11%. What

A project has an initial cost of $60,000, expected net cashinflows of $14,000 per year for 12 years, and a cost of capital of11%. What is the project's PI? (Hint: Begin by constructing a timeline.) 2 answers

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