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At a required return of 6.8 percent, the project has a profitability index of 1.311. A project is expected to provide cash flows of $10,000,
At a required return of 6.8 percent, the project has a profitability index of 1.311. A project is expected to provide cash flows of $10,000, $10,800, $13,300, and $18,800 over the next four years, respectively. For this to be true, what is the project's cost at Time 0? What is the project's NPV
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