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Consider the following cash flows. () indicate negative values. Year Cash Flow 0 ($29,400) 1 $14,300 2 $14,600 3 $11,000 Which of the following statements
Consider the following cash flows. () indicate negative values.
| Year | Cash Flow |
| 0 | ($29,400) |
| 1 | $14,300 |
| 2 | $14,600 |
| 3 | $11,000 |
Which of the following statements are true the relevant rate is 8%?
1) The Project Net Present Value (NPV) is approximately $5,090.
2) The Profitability Index (PI) is 1.17.
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