Question
A new project will have an intial cost of $40,000. Cash flows from the project are expected to be $5,000, $10,000, $15,000, and $25,000 over
A new project will have an intial cost of $40,000. Cash flows from the project are expected to be $5,000, $10,000, $15,000, and $25,000 over the next 4 years, respectively. Assuming a discount rate of 12%, what is the project's PI?
| 0.95 | |
| 1.06 | |
| 1.03 | |
| 1.01 | |
| 0.98 |
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
