A project has the following cash flows for years 1 through, Ask an Expert

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A project has the following cash flows for years 1 through 3 respectively: 1,575, 1,750, 1,854. Using a discount rate of 8.4 percent, it has been determined that the profitability index is 0.92. What must the project's initial cost be? (Enter absolute value of the initial cost.)

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Financial Management, Finance

Category:- Financial Management
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