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A project has an initial outlay of $10710 and the profitability index of 1.57. The project is expected to generate equal free cash inflows in
A project has an initial outlay of $10710 and the profitability index of 1.57. The project is expected to generate equal free cash inflows in each of the next 5 years. What is the project's annual free cash inflow (to the nearest dollar) if its required rate of return is 13.07%?
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