Question
A project has an initial cost of $40,000, expected net cash inflows of $13,000 per year for 11 years, and a cost of capital of
A project has an initial cost of $40,000, expected net cash inflows of $13,000 per year for 11 years, and a cost of capital of 10%. 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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Supply Chain Finance Solutions
Authors: Erik Hofmann, Oliver Belin
1st Edition
3642175651, 978-3642175657
