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Lynn is considering a project with an initial cost of $64,000 and annual cash inflows of $15,000 a year for six years. What discount rate,

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Lynn is considering a project with an initial cost of $64,000 and annual cash inflows of $15,000 a year for six years. What discount rate, when applied to this project, will produce a profitability index of 1.0? 8.05% 7.65% 10.71% 10.11%

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