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A project has an initial outlay of $2,585. It has a single payoff at the end of year 2 of $9,017. What is the
A project has an initial outlay of $2,585. It has a single payoff at the end of year 2 of $9,017. What is the profitability index (PI) of the project, if the company's cost of capital is 14.00 percent?
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
