Question
A project has an initial outlay of $19,258. The project will generate cash flows of $6,868 in Years 1-6. What is the profitability index (PI)
A project has an initial outlay of $19,258. The project will generate cash flows of $6,868 in Years 1-6. What is the profitability index (PI) of this project? Assume an interest rate of 13%.
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
