Question
Profitability Index A project has an initial cost of $35,000, expected net cash inflows of $15,000 per year for 10 years, and a cost of
Profitability Index
A project has an initial cost of $35,000, expected net cash inflows of $15,000 per year for 10 years, and a cost of capital of 13%. What is the project's PI? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
