Question
6d-1 Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.47 percent. The initial
6d-1
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.47 percent. The initial outlay is $360,688.
Year 1: $122,294
Year 2: $178,387
Year 3: $172,855
Year 4: $138,893
Year 5: $128,117
Round the answer to two decimal places.
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
9th International Edition
1259254801, 9781259254802
