Question
If a project has an initial cost of $54,450, expected net cash inflows of $10,000 per year for 8 years, and a cost of capital
If a project has an initial cost of $54,450, expected net cash inflows of $10,000 per year for 8 years, and a cost of capital of 14%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.
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Financial Management For Nonprofit Organizations Policies And Practices
Authors: Jo Ann Hankin, John Zietlow, Alan Seidner, Tim O'Brien
3rd Edition
1119382564, 9781119382560
