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A project has the following cash flows. Assume an interest rate of 15%. What is the Profitability Index (PI)? Year Cash Flow 0 -$665 1
A project has the following cash flows. Assume an interest rate of 15%. What is the Profitability Index (PI)?
| Year | Cash Flow |
| 0 | -$665 |
| 1 | $240 |
| 2 | $246 |
| 3 | $377 |
| 4 | $114 |
Note: Enter your answer rounded off to two decimal points.
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
