Question
A project requires an initial investment of $40 million. It generates cash flows of $25million in one year and $27 million in two years. The
A project requires an initial investment of $40 million. It generates cash flows of $25million in one year and $27 million in two years. The projects required return is 8%. What is the projects profitability index?
| 1.157 | |
| 1.331 | |
| 0.984 | |
| 1.134 |
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International Financial Reporting A Practical Guide
Authors: Alan Melville
6th edition
1292200743, 1292200766, 9781292200767, 978-1292200743
