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Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project C Project D Project E Investment required $ 12,000 $ 51,000 $
Eddie Corporation is considering the following three investment projects (Ignore income taxes.):
| Project C | Project D | Project E | |
|---|---|---|---|
| Investment required | $ 12,000 | $ 51,000 | $ 96,000 |
| Present value of cash inflows | $ 13,830 | $ 69,630 | $ 110,960 |
Calculate the profitability index of investment project D .
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
