zakwolthuis
zakwolthuis
20.04.2020 • 
Mathematics

A project is expected to provide cash flows of $10,650, $11,600, $14,700, and $9,200 over the next four years, respectively. At a required return of 9 percent, the project has a profitability index of .742. For this to be true, what is the project's cost at Time 0?

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