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  3. a project requires an initial investment of $76,00

A project requires an initial investment of $76,000 and has a project profitability index of...

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Question

Accounting

A project requires an initial investment of $76,000 and has a project profitability index of 0.310. The present value of the future cash inflows from this investment is:

$99,560

$52,440

$76,000

Cannot be determined with available data.

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