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Listen The present value of a project's cash flows is $2.900 at a discount rate of 12%. The Profitability Index of the project is 0.90

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Listen The present value of a project's cash flows is $2.900 at a discount rate of 12%. The Profitability Index of the project is 0.90 and the firm's tax rate is 21%. What is the initial cost of the project? $2,545.45 $2,876.98 $3,222.22 $2,076.92 O $2,491.74 Previous Page Next Page Page 2 of 6

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