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Hatties Hat Company, Inc. is considering a project that has a capital investment of $256,000,...

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Finance

  1. Hatties Hat Company, Inc. is considering a project that has a capital investment of $256,000, an increase in NWC of $125,000, and NCF of $85,542 during each year of the project. Hattie has calculated a Profitability Index (PI) of .89 times. What is the projects NPV?

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