A project has an initial cost of 65450 expected net cash, Financial Management

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A project has an initial cost of 65450 expected net cash

A project has an initial cost of $65,450, expected net cash inflows of $13,000 per year for 11 years, and a cost of capital of 8%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.

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Financial Management: A project has an initial cost of 65450 expected net cash

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Financial Management: A project has an initial cost of 65450 expected net cash

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