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  • 19-06-2021
  • Business
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A project has an initial cost of $89,800, a life of 7 years, and equal annual cash inflows. The required return is 8.2 percent. According to the profitability index decision rule, what is the minimum annual cash flow necessary to accept the project?

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sofiamichelena20
sofiamichelena20 sofiamichelena20
  • 19-06-2021
8.2 percent (the answer)
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