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A firm is looking at a new project that cost $100,000 to start and has estimated the following future cash flows: Year 1: CF =
A firm is looking at a new project that cost $100,000 to start and has estimated the following future cash flows:
Year 1: CF = $65,000
Year 2: CF= $75,000
Year 3: CF= $90,000
the firm requires return on assets of this risk is 10%. What is the profitability index?
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
