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POD has a project with the following cash flows: Year Cash Flows 0 $ 255,000 1 146,800 2 164,300 3 129,400 The required return is
POD has a project with the following cash flows:
| Year | Cash Flows |
|---|---|
| 0 | $ 255,000 |
| 1 | 146,800 |
| 2 | 164,300 |
| 3 | 129,400 |
The required return is 9.6 percent. What is the profitability index for this project?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
13th edition
1285198840, 978-1285198842
