Question
Profitability Index A project has an initial cost of $35,000, expected net cash inflows of $9,000 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 $9,000 per year for 10 years, and a cost of capital of 14%. 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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Canadian Public Finance
Authors: Genevieve Tellier
1st Edition
1487594410, 978-1487594411
