Question
A project has an initial cost of $35,000, expected net cash inflows of $12,000 per year for 6 years, and a cost of capital of
A project has an initial cost of $35,000, expected net cash inflows of $12,000 per year for 6 years, and a cost of capital of 13%. What is the project's PI? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.
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The Handbook Of Hybrid Securities Convertible Bonds CoCo Bonds And Bail In
Authors: Jan De Spiegeleer, Wim Schoutens, Cynthia Van Hulle
1st Edition
1118449991, 978-1118449998
