Question
Suppose a project has a $200,000 net investment and net cash flows (NCFs) of $70,000 annually for 7 years. The investor requires 10% rate of
Suppose a project has a $200,000 net investment and net cash flows (NCFs) of $70,000 annually for 7 years. The investor requires 10% rate of return. What is the profitability index?
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
3rd Edition
0471375942, 978-0471375944
