Question: Based on the cash flows given below, calculate the PI of a project that has a required rate of return of 15 percent. Also, indicate

Based on the cash flows given below, calculate the PI of a project that has a required rate of return of 15 percent. Also, indicate whether the project should be accepted.
Year 0: –$90,000
Year 1: $20,000
Year 2: $40,000
Year 3: –$15,000
Year 4: $100,000

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