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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 $11,400 $45,000
(Ignore income taxes in this problem.) Dube Corporation is considering the following three investment projects:
Project D | Project E | Project F | |
Investment required | $11,400 | $45,000 | $90,000 |
Present value of cash inflows | $12,330 | $55,650 | $101,660 |
The profitability index of investment project E is closest to: |
0.24
1.24
0.76
0.19
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