Question
A project has an initial outlay of $10141 and the profitability index of 1.31. The project is expected to generate equal free cash inflows in
A project has an initial outlay of $10141 and the profitability index of 1.31. The project is expected to generate equal free cash inflows in each of the next 7 years. What is the project's annual free cash inflow (to the nearest dollar) if its required rate of return is 13.52%?
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
