Question
A project is expected to provide cash flows of $10,500, $11,500, $14,600, and $9,100 over the next four years, respectively. At a required return of
A project is expected to provide cash flows of $10,500, $11,500, $14,600, and $9,100 over the next four years, respectively. At a required return of 8.9 percent, the project has a profitability index of 1.339. For this to be true, what is the project's cost at Time 0?
Multiple Choice
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$27,718
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$42,242
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$25,408
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Insufficient information
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$49,696
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Nonprofit Sustainability Making Strategic Decisions For Financial Viability
Authors: Jeanne Bell, Jan Masaoka, Steve Zimmerman
1st Edition
0470598298, 978-0470598290
