Question
Profitability Index A project has an initial cost of $72,650, expected net cash inflows of $9,000 per year for 12 years, and a cost of
Profitability Index
A project has an initial cost of $72,650, expected net cash inflows of $9,000 per year for 12 years, and a cost of capital of 9%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.
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Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0078945801, 9780078945809
