Question
The projects cost is $120,000 and the expected cash flows are Year 1: $60,000 Year 2: $0 Year 3: $100,000 Year 4: $0 Year 5:
The projects cost is $120,000 and the expected cash flows are Year 1: $60,000 Year 2: $0 Year 3: $100,000 Year 4: $0 Year 5: $60,000 The discount rate is 18%. Calculate the profitability index (PI).
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
