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A project has an initial outlay of $10,224 and the profitability index of 1.58 . The project is expected to generate equal free cash inflows
A project has an initial outlay of $10,224 and the profitability index of 1.58 . The project is expected to generate equal free cash inflows in each of the next 7 years. What is the project's annual free cash inflow (to the nearest dollar) if its required rate of return is 8.38%
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