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A project has the following cash flows: Year Cash Flows 0 $129,300 1 56,000 2 63,800 3 51,600 4 28,100 The required return is 8.3
A project has the following cash flows:
Year | Cash Flows | |
0 | $129,300 | |
1 | 56,000 | |
2 | 63,800 | |
3 | 51,600 | |
4 | 28,100 | |
The required return is 8.3 percent. What is the profitability index for this project?
Multiple Choice
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.967
-
1.185
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1.077
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.774
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1.293
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