Question: please find the project's PI and the project's payback period! Apple Corporation is deciding whether to create a holographic device. This 1 point project requires
Apple Corporation is deciding whether to create a holographic device. This 1 point project requires an initial investment of $180,000 and is expected to generate annual cash inflow of $40,000 for each of the first three years, $25,000 per year for years four and five, and $50,000 per year for years six through eight. The WACC is 15.8%. What is the project's PI? Round your answer to 2 decimal places Your answer Apple Corporation is deciding whether to create a holographic device. This 1 point project requires an initial investment of $180,000 and is expected to generate annual cash inflow of $40,000 for each of the first three years, $25,000 per year for years four and five, and $50.000 per year for years six through eight. The WACC is 15.8%. What is the project's payback period? Enter your answer to 2 decimals Your
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