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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Corporate Finance and Investment decisions and strategies
Authors: Richard Pike, Bill Neale, Philip Linsley
8th edition
1292064064, 978-1292064161, 1292064161, 978-1292064062
