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A project has an initial cost of $60,000, expected net cash inflows of $10,000 per year for 8 years, and a cost of capital of

A project has an initial cost of $60,000, expected net cash inflows of $10,000 per year for 8 years, and a cost of capital of 12%.

What is the project's PI?

e. What is the project's payback period?

f. What is the project's discounted payback period?

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