Question
A project has an initial cost of $65,000, expected net cash inflows of $14,000 per year for 12 years, and a cost of capital of
A project has an initial cost of $65,000, expected net cash inflows of $14,000 per year for 12 years, and a cost of capital of 14%. 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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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
