Question
The relevant discount rate is 14 percent for a project with cash flows of $9,200, $4,600, $3,300, and $3,800 for Years 0 to 3, respectively.
The relevant discount rate is 14 percent for a project with cash flows of $9,200, $4,600, $3,300, and $3,800 for Years 0 to 3, respectively. What is the profitability index? Use the formula PV(inflows)/absolute value(outflow). Select one: a. .96 b. .99 c. .93 d. 1.04 e. 1.08
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
