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JVP corporation is considering investing in a project with the cash flows shown below. Compute the PI for the project and recommend whether the firm

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JVP corporation is considering investing in a project with the cash flows shown below. Compute the PI for the project and recommend whether the firm should accept or reject it. The required cost of capital is 10 percent. Time Cash Flow 1.22, Accept 0.94, Reject 1.24, Accept 0.83, Reject 0 1 2 3 -300 110 121 220

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