Question: $10.94 Question 20 (1 point) Lynn is considering a project with an initial cost of $64,000 and annual cash inflows of $15,000 a year for
$10.94 Question 20 (1 point) Lynn is considering a project with an initial cost of $64,000 and annual cash inflows of $15,000 a year for six years. What discount rate, when applied to this project, will produce a profitability index of 1.0? 7.65% IN 10.71% 8.05% 10.11%
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