Question
A project has an initial investment of $203,800 and will generate 5 annual cash flows of $58,700. Assume a cost of capital of 15.2%. Calculate
A project has an initial investment of
$203,800
and will generate
5
annual cash flows of
$58,700.
Assume a cost of capital of
15.2%.
Calculate the profitability index (PI).
The present value of the cash inflows is
$nothing.
(Round to the nearest cent.)The profitability index is
nothing.
(Round to two decimal places.)
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
