Question
Question 55 Based on the cash flows given below, calculate the PI of a project that has a required rate of return of14percent. Also, indicate
Question 55
Based on the cash flows given below, calculate the PI of a project that has a required rate of return of14percent. Also, indicate whether the project should be accepted.(Round answer to 2 decimal places, e.g. 25.25.)
Year 0:-$81,000Year 1:$21,000Year 2:$44,000Year 3:-$14,000Year 4:$105,000
PI
Accept project
Yes
No
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
