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24 What is the Profitability Index (PI) of this project if the required rate is 14%? Year CF 0 -$3,514 1 $614 2 $1,318 3

24 What is the Profitability Index (PI) of this project if the required rate is 14%?

Year CF 0 -$3,514 1 $614 2 $1,318 3 $659 4 $664 5 $423

23You have invested $87,512 portfolio in three securities. The three securities comprise of the risk-free asset, Stock A, and Stock B. The beta of stock A is 2.2 while the beta of stock B is 0.2. 13% of the portfolio is invested in the risk-free security. What is the dollar amount invested in stock B if the beta of the portfolio is 1.2?

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