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Based on the cash flow predictions of the given project above, what is the projects profitability index? (required rate of return = 8%) Year Cash
Based on the cash flow predictions of the given project above, what is the projects profitability index? (required rate of return = 8%)
Year | Cash Flows |
0 | -120,000 |
1 | 20,000 |
2 | 52,000 |
3 | 25,000 |
4 | 40000 |
Select one:
a.-0.25
b.0.936
c.0.982
d.0.411
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