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Profitability Index A project has an initial cost of $70,000, 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 $70,000, 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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Public Finance In Theory And Practice
Authors: Holley Ulbrich
1st Edition
0324016603, 978-0324016604
