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A project has an initial outlay of $10293 and the profitability index of 1.75. The project is expected to generate equal free cash inflows in

A project has an initial outlay of $10293 and the profitability index of 1.75. The project is expected to generate equal free cash inflows in each of the next 8 years. What is the project's annual free cash inflow (to the nearest dollar) if its required rate of return is 8.77%? Blank 1. Calculate the answer by read surrounding text.

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