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A project has an expected cost of $150,000 and should generate cash flows of $54,000 per year for 4 years. The cost of capital is
A project has an expected cost of $150,000 and should generate cash flows of $54,000 per year for 4 years. The cost of capital is 11%. Calculate the profitability index for this project.
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
