A project has expected cash inflows, starting with Year 1, of $900, $1,200, $1,500, and finally in

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A project has expected cash inflows, starting with Year 1, of $900, $1,200, $1,500, and finally in Year 4, $2,000. The profitability index is 1.11 and the discount rate is 12 percent. What is the initial cost of the project?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Posted Date: Feb 26, 2024 12:54 AM

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A project has expected cash inflows, starting with Year 1, of $900, $1,200, $1,500, and finally in

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Fundamentals of corporate finance

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