Question
A project has an initial cost of $41,675, expected net cash inflows of $15,000 per year for 10 years, and a cost of capital of
A project has an initial cost of $41,675, expected net cash inflows of $15,000 per year for 10 years, and a cost of capital of 8%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places?
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
6th Edition
978-1506396811, 150639681X
