Question
GHI Corporation is evaluating an investment project with the following cash flows: Initial Investment: $800,000 Cash Flows: $200,000 per year for 5 years Calculate the
GHI Corporation is evaluating an investment project with the following cash flows:
- Initial Investment: $800,000
- Cash Flows: $200,000 per year for 5 years
Calculate the profitability index (PI) and modified internal rate of return (MIRR) for the project, assuming a discount rate of 10%.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
