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A project with a profitability index of 1.039 is expected to provide cash flows of $61, $192, $140, and $122 over the next four years,
A project with a profitability index of 1.039 is expected to provide cash flows of $61, $192, $140, and $122 over the next four years, respectively. If the required return is 10.71%, what is the project's initial cost? Roundyour final answer to the nearest whole dollar, and leave out the "$" sign.
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