Question
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.04 percent. The initial outlay
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.04 percent. The initial outlay is $459,466.
Year 1: $192,347
Year 2: $176,717
Year 3: $122,937
Year 4: $195,856
Year 5: $128,006
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Principles Of Financial Management
Authors: Haim Levy, Marshall Sarnat
1st Edition
0137097751, 978-0137097753
