Question
Project X: Initial investment -$1,100 Required return = 10% Annual cash benefits: Year Cash Flow 1 $500 2 $1,000 What's the Profitability Index (PI)?
Project X: Initial investment -$1,100 Required return = 10%
Annual cash benefits:
Year | Cash Flow |
---|---|
1 | $500 |
2 | $1,000 |
What's the Profitability Index (PI)?
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Financial Management For Decision Makers
Authors: Peter Atrill, Paul Hurley
2nd Canadian Edition
138011605, 978-0138011604
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