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Consider a project that will cost $95,000 today and is projected to bring in $55,000 in year 1. $40,000 in year 2, and $20,000 in
Consider a project that will cost $95,000 today and is projected to bring in $55,000 in year 1. $40,000 in year 2, and $20,000 in year 3. Cost of capital is 10%. What is the project's Pl? a. 0.97 b. 1.00 c. 1.03 d. 1.06 e. 1.10
Consider a project that will cost $95,000 today and is projected to bring in $55,000 in year 1. $40,000 in year 2, and $20,000 in year 3. Cost of capital is 10%. What
is the project's Pl?
a. 0.97
b. 1.00
c. 1.03
d. 1.06
e. 1.10
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