Question
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 11.47 percent. The initial outlay
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 11.47 percent. The initial outlay is $332,784.
Year 1: $144,913
Year 2: $193,309
Year 3: $127,220
Year 4: $187,533
Year 5: $178,635
Round the answer to two decimal places.
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The Global Financial Crisis What Have We Learnt
Authors: Steven Kates
1st Edition
0857934228, 978-0857934222
