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Profitability Index A project has an initial cost of $40,000, expected net cash inflows of 8,000 per year for 11 years, and a cost of

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Profitability Index A project has an initial cost of $40,000, expected net cash inflows of 8,000 per year for 11 years, and a cost of capital of 10% What is the project's PT (Mint Begin by constructing a timeline to not round intermediate calculation Round your answer to two decimal places

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