Question
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.03 percent. The initial outlay
Find the profitability index (PI) for the following series of future cash flows, assuming the companys cost of capital is 12.03 percent. The initial outlay is $494,678. Year 1: $142,447
Year 2: $154,085
Year 3: $197,241
Year 4: $194,069
Year 5: $121,881
Round the answer to two decimal places.
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Finance And Financial Markets
Authors: Keith Pilbeam
3rd Edition
023023321X, 978-0230233218
