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  • 22-04-2024
  • Business
Answered

A project produces cash inflows of $8,300 a year for 4 years. The PI is 1.08 at a discount rate of 12.5 percent. What is the initial cost of the project?

A. $23,099
B. $25,407
C. $27,109
D. $30,741



Answer :

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