Question
A project has an initial outlay of $11247 and the profitability index of 1.49. The project is expected to generate equal free cash inflows in
A project has an initial outlay of $11247 and the profitability index of 1.49. 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 11.97%?
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Principles Of Managerial Finance Brief
Authors: Chad J. Zutter, Scott B. Smart
8th Global Edition
1292267143, 978-1292267142
