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The net present value of a project's cash inflows is $3233.45 at a discount rate of 12% and IRR is 4.5%. The profitability index is
The net present value of a project's cash inflows is $3233.45 at a discount rate of 12% and IRR is 4.5%. The profitability index is 1.12 and the firm's tax rate is 34%. What is the initial cost of the project? A. $3621.46 B. $3378.95 C. $2887.00 D. $2491.74
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