Question
Profitability Index A project has an initial cost of $65,000, expected net cash inflows of $13,000 per year for 8 years, and a cost of
| Profitability Index A project has an initial cost of $65,000, expected net cash inflows of $13,000 per year for 8 years, and a cost of capital of 8%. 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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Matlab An Introduction with Applications
Authors: Amos Gilat
5th edition
1118629868, 978-1118801802, 1118801806, 978-1118629864
