Question
A project has an initial cost of $52,950, expected net cash inflows of $15,000 per year for 12 years, and a cost of capital of
A project has an initial cost of $52,950, expected net cash inflows of $15,000 per year for 12 years, and a cost of capital of 13%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.
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Accounting Comes Alive The Color Accounting Parable
Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman
1st Edition
1450769608, 978-1450769600
