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GOOD MORNING FOOD INC IS USING THE PI WHEN EVALUATING PROJECTS. YOU HAVE TO FIND THE PI FOR THE COMPANYS PROJECT, ASSUMING THE COMPANYS COST
GOOD MORNING FOOD INC IS USING THE PI WHEN EVALUATING PROJECTS. YOU HAVE TO FIND THE PI FOR THE COMPANYS PROJECT, ASSUMING THE COMPANYS COST OF CAPITAL IS 13.19 PERCENT. THE INITIAL OUTLAY FOR THE PROJECT IS 366378. THE PROJECT WILL PRODUCE THE FOLLOWING END OF THE YEAR AFTER TAX CASH INFLOWS OF
YEAR 1 129634
YEAR 2 70580
YEAR 3 43692
YEAR 4 251531
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