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A project has an initial outlay of $10826 and the profitability index of 1.27. The project is expected to generate equal free cash inflows in
A project has an initial outlay of $10826 and the profitability index of 1.27. The project is expected to generate equal free cash inflows in each of the next 6 years. What is the project's annual free cash inflow (to the nearest dollar) if its required rate of return is 13.14%? Blank 1. Calculate the answer by read surrounding text
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
