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A project has an initial cost of $75,000, expected net cashinflows of $14,000 per year for 11 years, and a cost of capital of9%. What
A project has an initial cost of $75,000, expected net cashinflows of $14,000 per year for 11 years, and a cost of capital of9%. What is the project's PI? (Hint:Begin by constructinga time line.) D 1 answer
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