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A project has an initial cost of $75,000, expected net cash inflows of $15,000 per year for 9 years, and a cost of capital of
A project has an initial cost of $75,000, expected net cash inflows of $15,000 per year for 9 years, and a cost of capital of 9%. What is the project's PI? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places
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Handbook Of Research Methods And Applications In Empirical Finance
Authors: Adrian R. Bell, Chris Brooks, Marcel Prokopczuk
1st Edition
1782540172, 978-1782540175
