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A project is expected to provide cash flows of $11,700, $12,300, $15,400, and $9,900 over the next four years, respectively. At a required return of

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A project is expected to provide cash flows of $11,700, $12,300, $15,400, and $9,900 over the next four years, respectively. At a required return of 8.2 percent, the project has a profitability index of .931. For this to be true, what is the project's cost at Time 0? Multiple Choice A) $37,892 B) Insufficient information. C) $ 32,208 D) $40,074 E) $43,717

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