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Agincourt Inc. has projected the following cash flows for an addition to their factory. Given a discount rate of 8.70% and an initial investment of
Agincourt Inc. has projected the following cash flows for an addition to their factory. Given a discount rate of 8.70% and an initial investment of $3.100,000, the profitability index is closest to:
| Year | Cash Flow |
| 1 | $490,000 |
| 2 | 610,000 |
| 3 | 830,000 |
| 4 | 910,000 |
| 5 | 1,370,000 |
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Bankers And Pashas International Finance And Economic Imperialism In Egypt
Authors: David S. Landes
1st Edition
0674061659, 9780674061651
