Question
Find the profitability index (PI) for the following project. The project requires an initial investment of $19,000 and provides 5 annual cash inflows of $26,000.
Find the profitability index (PI) for the following project. The project requires an initial investment of $19,000 and provides 5
annual cash inflows of
$26,000.
Assume a cost of capital of
5 %
The present value of the cash inflows is ? Round to the nearest cent.
The profitability index is? Round to two decimal places.
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Middle Market M And A Handbook For Advisors Investors And Business Owners
Authors: Kenneth H. Marks, Christian W. Blees, Michael R. Nall, Thomas A. Stewart
2nd Edition
1119828104, 978-1119828105
