Project LMK requires an initial outlay of exist300,000 and has a profitability index of 1.4....
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Project LMK requires an initial outlay of exist300,000 and has a profitability index of 1.4. The project is expected to generate equal annual each flows over the next ten years. The required return for this project is 16%. What is project LMK's NPV (Net Present Value)? A) 0 B) exist200,000 C) exist400,000 D) exist600,000
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