Question
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 5.15 percent. The initial outlay
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 5.15 percent. The initial outlay is $319,182.
Year 1: $146,315
Year 2: $136,640
Year 3: $130,816
Year 4: $121,625
Year 5: $177,269
Round the answer to two decimal places.
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Money, Banking, Financial Markets & Institutions
Authors: Michael Brandl
2nd Edition
1337904821, 9781337904827
