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A project has an initial outlay of $11413 and the profitability index of 1.73. The project is expected to generate equal free cash inflows in
A project has an initial outlay of $11413 and the profitability index of 1.73. 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 11.6%?
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