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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 Step by Step Solution
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann
8th Edition
0071768467, 978-0071768467
