Question
13. You work for TeamCo. and you have been assigned the task to evaluate a new project that requires an initial investment of $95,500, has
13.
You work for TeamCo. and you have been assigned the task to evaluate a new project that requires an initial investment of $95,500, has a life of 6 years, and equal annual cash inflows. The required return is 8.6 percent. According to the profitability index decision rule, what is the minimum annual cash flow necessary to accept the project?
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Investments Analysis And Management
Authors: Charles Jones, Nick Jones
11th Edition
0470477121, 9780470477120
