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QUESTION 4 InnerC, Inc. is currently considering an five-year project that has an initial outlay or cost of $60,000. The future cash inflows from its
QUESTION 4 InnerC, Inc. is currently considering an five-year project that has an initial outlay or cost of $60,000. The future cash inflows from its project for yoars 1 through 5 are the same at $20,000 InnerC has a discount rate of 15% Because of concems about funds being short to finance all good projects, InnerC wants to compute the profitability index (PI) for each project What is the PI for InnerC's current project? O About 0.82 O About 1.12 O About 0.92 O About 1.02
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