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Ralsons is analyzing a project with projected cash flows of $48,000 in year 1, $52,000 in year 2, $58,000 in year 3, and $61,000 in
Ralsons is analyzing a project with projected cash flows of $48,000 in year 1, $52,000 in year 2, $58,000 in year 3, and $61,000 in year 4. What is the PI of the project if the required return is 13.75 percent and the initial cash outlay is $152,500?
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