Question
A project has an initial outlay of $4,949. It has a single payoff at the end of year 3 of $8,124. What is the profitability
A project has an initial outlay of $4,949. It has a single payoff at the end of year 3 of $8,124. What is the profitability index (PI) of the project, if the companys cost of capital is 8.48 percent?
Round the answer to two decimal places.
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Options Futures And Other Derivatives
Authors: John C. Hull
7th Edition
0136015867, 9780136015864
