Question: Saved Question 22 (4 points) Listen The present value of a project's cash flows is $2,700 at a discount rate of 12%. The Profitability Index

 Saved Question 22 (4 points) Listen The present value of a

Saved Question 22 (4 points) Listen The present value of a project's cash flows is $2,700 at a discount rate of 12%. The Profitability Index of the project is 1.30 and the firm's tax rate is 21%. What is the initial cost of the project? $2,545.45 $2,076.92 $2,491.74 $1,854.40 $3.222.22

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