A project has an initial cost of $40,000, expected net cash inflows of $10,000 per year for 7 years, and a cost of capit

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answerhappygod
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A project has an initial cost of $40,000, expected net cash inflows of $10,000 per year for 7 years, and a cost of capit

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A project has an initial cost of $40,000, expected net cashinflows of $10,000 per year for 7 years, and a cost of capital of8%. What is the project's PI?
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