Question
Hi I would need help with this question please: Based on the cash flows given below, calculate the PI of a project that has a
Hi I would need help with this question please:
Based on the cash flows given below, calculate the PI of a project that has a required rate of return of 14 percent. Also, indicate whether the project should be accepted. (Round answer to 2 decimal places, e.g. 25.25.)
| Year 0: | -$87,000 | ||
| Year 1: | $19,000 | ||
| Year 2: | $41,000 | ||
| Year 3: | -$16,000 | ||
| Year 4: | $106,000 |
Find PI =
Accept project? Yes or No
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
