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What is the project cost at time 0

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A project is expected to provide cash flows of $11,550, $12,200, $15,300, and $9,800 over the next four years, respectively. At a required return of 9.6 percent, the project has a profitability index of .717. For this to be true, what is the project's cost at Time 0?

Reference no: EM132355588

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