Project L has a cost of $52,000. Its expected net cash inflows are $80,000 per...
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Project L has a cost of $52,000. Its expected net cash inflows are $80,000 per year for 8 years. The cost of capital is 6%. Calculate the project's payback period (PB), net present value (NPV), profitability index (PI), and internal rate of return (IRR). Round NPV to the nearest cent and all other answers to two decimal places. IRR= %
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