Question
POD has a project with the following cash flows: Year Cash Flows 0 -$269,000 1 146,100 2 163,600 3 128,700 The required return is
POD has a project with the following cash flows: Year Cash Flows 0 -$269,000 1 146,100 2 163,600 3 128,700 The required return is 8.9 percent. What is the profitability index for this project?
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Corporate Financial Management
Authors: Glen Arnold
5th edition
978-1292178066, 129217806X, 273758837, 978-0273758839
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