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What is the initial cost of the project

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Reference no: EM131753123

Question - A project produces cash inflows of $8,300 a year for 4 years. The PI is 1.08 at a discount rate of 12.5 percent. What is the initial cost of the project?

a. $23,099

b. $25,407

c. $27,109

d. $30,741

Reference no: EM131753123

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