What is the PI of a project that requires an initial investment of $36,000 and pays $10,000 in year 1,$18,000 in year 2,$15,000 in year 3,and $12,000 in year 4? Assume the discount rate is 9 percent and the tax rate is zero.

Name: What is the PI of a project that requires an initial investment of $36,000 and pays $10,000 in year 1,$18,000 in year 2,$15,000 in year 3,and $12,000 in year 4? Assume the discount rate is 9 percent and the tax rate is zero.
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What Is the PI of a Project That Requires an Initial