Question: Question 55 Based on the cash flows given below, calculate the PI of a project that has a required rate of return of14percent. Also, indicate

Question 55

Based on the cash flows given below, calculate the PI of a project that has a required rate of return of14percent. Also, indicate whether the project should be accepted.(Round answer to 2 decimal places, e.g. 25.25.)

Year 0:-$81,000Year 1:$21,000Year 2:$44,000Year 3:-$14,000Year 4:$105,000

Accept project

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