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What is the PI of a project that costs $32,000 today and is expected to generate annual cash inflows of $11,000 for the next 7

What is the PI of a project that costs $32,000 today and is expected to generate annual cash inflows of $11,000 for the next 7 years, followed by a final inflow of $14,000 in year 8. Cost of capital is 8.6%. Round to two decimal places.

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