Question
Problem 10-4 Profitability Index A project has an initial cost of $62,150, expected net cash inflows of $12,000 per year for 8 years, and a
Problem 10-4 Profitability Index
A project has an initial cost of $62,150, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 14%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.
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Financial Economics
Authors: Zvi Bodie, Robert C Merton, David Cleeton
2nd Edition
0558785751, 9780558785758
