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POD has a project with the following cash flows: Year Cash Flows 0 $249,000 1 147,100 2 164,600 3 129,700 The required return is 8.4
POD has a project with the following cash flows:
| Year | Cash Flows | |
| 0 | $249,000 | |
| 1 | 147,100 | |
| 2 | 164,600 | |
| 3 | 129,700 | |
The required return is 8.4 percent. What is the profitability index for this project?
a. 1.264
b. .659
c. .824
d. 1.390
e. 1.516
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Fundamentals Of Financial Management
Authors: James C. Van Horne
10th Edition
0138596875, 9780138596873
