Question
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 14.83 percent. The initial outlay
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 14.83 percent. The initial outlay is $415,553.
Year 1: $195,770
Year 2: $120,260
Year 3: $187,103
Year 4: $163,809
Year 5: $169,287
Round the answer to two decimal places.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
