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consider a project that is projected to cost $40,000 today and another $20,000 in one year. It is then forecasted to generate annual cash inflows

consider a project that is projected to cost $40,000 today and another $20,000 in one year. It is then forecasted to generate annual cash inflows of $15,000 for a total of 9 years starting at the end of year 5. Cost of capital is 12%. what is the projects PI?

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