Question
Profitability Index A project has an initial cost of $73,575, expected net cash inflows of $14,000 per year for 9 years, and a cost of
Profitability Index
A project has an initial cost of $73,575, expected net cash inflows of $14,000 per year for 9 years, and a cost of capital of 8%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.
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Financial Accounting An Integrated Approach
Authors: Michael Gibbins
6th Edition
0176407251, 978-0176407254
