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(Ignore income taxes in this problem.) Dube Corporation is considering the following three investment projects: Project D Project E Project F Investment required $11,200 $43,000
(Ignore income taxes in this problem.) Dube Corporation is considering the following three investment projects: |
Project D | Project E | Project F | |
Investment required | $11,200 | $43,000 | $88,000 |
Present value of cash inflows | $11,830 | $50,990 | $98,560 |
The profitability index of investment project E is closest to: |
0.16
1.19
0.19
0.81
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