Question
60) A project with an investment of $12,000 has net cash flows of $6,000, $5,000, 4,000, and $3,000 for each of the next four years.
60) A project with an investment of $12,000 has net cash flows of $6,000, $5,000, 4,000, and $3,000 for each of the next four years. Compute the profitability index of the project at 10 percent.
A. 2.06
B. 3.06
C. 1.22
D. 1.55
E. 1.99
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Quantitative Finance With R And Cryptocurrencies
Authors: Dean Fantazzini
1st Edition
1090685319, 9781090685315
