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A project has the following cash flows: Year Cash Flows 0 $ 128,000 1 48,200 2 63,800 3 51,600 4 28,100 The required return is
A project has the following cash flows:
| Year | Cash Flows |
|---|---|
| 0 | $ 128,000 |
| 1 | 48,200 |
| 2 | 63,800 |
| 3 | 51,600 |
| 4 | 28,100 |
The required return is 8.5 percent. What is the profitability index for this project?
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
2nd Edition
003034509X, 9780030345098
