Pyramid project has expected cash inflows

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Reference no: EM131592307

Setesh of Kanaan's new pyramid project has expected cash inflows, starting with year 1, of $2,600, $3,100, $4,200 and finally in year four, $7,700. The profitability index is 1.43 and the discount rate is 11.1 percent. What is the initial cost of the project?

Reference no: EM131592307

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