Question
The following are the cash flows of two projects: Year Project A Project B 0 -380 -380 1 210 280 2 210 280 3 210
The following are the cash flows of two projects:
Year Project A Project B
0 -380 -380
1 210 280
2 210 280
3 210 280
4 210 0
If the opportunity cost of capital is 11%, what is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 4 decimal places.)
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International financial management
Authors: Jeff Madura
13th edition
978-1337099738, 1337099732, 9781337515894, 1337515892, 978-1337587211
