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An investment project gives rise to the following cash flows. Beginning of first two years, $ 9 0 , 0 0 0 per annum will

An investment project gives rise to the following cash flows. Beginning of first two years, $ 90,000 per annum will be invested. From the beginning of the first year until the end of the 10th year, net revenue $ 35,000 per annum will be received continuously. The rate of interest will be 12.00% per annum. Compute the PI of the project.

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