Question
A project has the following cash flows: Year 0 1 2 3 Cash Flows -$ 128,200 49,400 63,800 51,600 28,100 The required return is
A project has the following cash flows: Year 0 1 2 3 Cash Flows -$ 128,200 49,400 63,800 51,600 28,100 The required return is 8.7 percent. What is the profitability index for this project?
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
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