Question
Please show solve question below and show steps in EXCEL how to setup for calculation of for the right answers. I tried solving for a
Please show solve question below and show steps in EXCEL how to setup for calculation of for the right answers. I tried solving for a different problem with different numbers but got it incorrect. So unsure how to seth this us and solve correctly based on what's being ask.. Please help.
You are offered an investment with returns of $ 2,675 in year 1, $ 4,600 in year 2, and $ 5,006 in year 3. The investment will cost you $ 8,045 today. If the appropriate Cost of Capital (quoted interest rate) is 6.6 %, what is the Profitability Index of the investment? Enter your answer to the nearest .01. Do not use the $ sign or commas in your answer. If the NPV is negative, use the - sign.
Your Answer: ______
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