Question
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 9.07 percent. The initial outlay
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 9.07 percent. The initial outlay is $419,714.
Year 1: $124,206
Year 2: $177,538
Year 3: $168,881
Year 4: $161,432
Year 5: $160,797
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
