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Find the net present value (NPV) and profi tability index (PI) of a project that costs $1,500 and returns $800 in year one and $850

Find the net present value (NPV) and profi tability index (PI) of a

project that costs $1,500 and returns $800 in year one and $850 in

year two. Assume the projects cost of capital is 8 percent.

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