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A project has expected cash inflows, starting with year 1, of $2,200, $2,900, $3,500 and...

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A project has expected cash inflows, starting with year 1, of $2,200, $2,900, $3,500 and finally in year four, $4,000. The profitability index is 1.14 and the discount rate is 12 percent. What is the initial cost of the project? $9,211.06 $9,250.00 $8,166.19 $7,899.16 $8,098.24

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