Question
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 10.68 percent. The initial outlay
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 10.68 percent. The initial outlay is $454,421.
Year 1: $170,000
Year 2: $139,043
Year 3: $144,060
Year 4: $130,700
Year 5: $169,644
Round the answer to two decimal places.
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Corporate Finance Investment And Advisory Applications
Authors: Jesse McDougall, Patrick Boyle
1st Edition
1530116597, 9781530116591
