Question
A project has cash flows of -$131,000, $60,800, $62,300 and $75,000 for years 0 to 3, respectively. The required rate of return is 15.0 percent.
A project has cash flows of -$131,000, $60,800, $62,300 and $75,000 for years 0 to 3, respectively. The required rate of return is 15.0 percent. What is the profitability index?
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
