Question
A project has cash flows of -$152,000, $70,800, $62,500 and $95,000 for years 0 to 3, respectively. The required rate of return is 10 percent.
A project has cash flows of -$152,000, $70,800, $62,500 and $95,000 for years 0 to 3, respectively. The required rate of return is 10 percent. What is the profitability index?
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
