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A project requires an initial investment of $69,000 and has a project profitability index of 0.315. The present value of the future cash inflows from

A project requires an initial investment of $69,000 and has a project profitability index of 0.315. The present value of the future cash inflows from this investment is:

$69,000

$47,265

Cannot be determined with available data.

$90,735

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