Question
A project has an initial outlay of $1,535. The project will generate cash flows of $670 in Years 1-4. What is the profitability index (PI)
A project has an initial outlay of $1,535. The project will generate cash flows of $670 in Years 1-4. What is the profitability index (PI) of this project? Assume an interest rate of 17%.
Note: Enter your answer rounded off to two decimal points.
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
12th Edition
0030258723, 9780030258725
