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Dax Systems is considering a project that has the following cash flows for Project X and Y. What is the PI of Y, using the
Dax Systems is considering a project that has the following cash flows for Project X and Y. What is the PI of Y, using the new method?
| Cost of Capital = 10% | ||
| Year | Project X | Project Y |
| 0 | -$1,000 | -$2,000 |
| 1 | $500 | $1,400 |
| 2 | $500 | $800 |
| 3 | $500 | $400 |
| 0.243 | ||
| 0.201 | ||
| 0.545 | ||
| 0.920 | ||
| 0.117 |
please help/ explain. Thank you
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University Finances Accounting And Budgeting Principles For Higher Education
Authors: Dean O. Smith
1st Edition
1421427257, 978-1421427256
