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QUESTION
The net present value of a project's cash inflows is $9,506 at a 8 percent discount rate. The profitability index is 1.64 and the firm's tax rate is...
The net present value of a project's cash inflows is $9,506 at a 8 percent discount rate. The profitability index is 1.64 and the firm's tax rate is 32 percent. What is the initial cost of the project?
