Question
The relevant discount rate is 14 percent for a project with cash flows of $22,038, $4,600, $23,300, and $800 for Years 0 to 3, respectively.
The relevant discount rate is 14 percent for a project with cash flows of $22,038, $4,600, $23,300, and $800 for Years 0 to 3, respectively. What is the profitability index? A) -1.03 B) .99 C) 1.01 D) 1.04 E) 1.08
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Banking And Finance
Authors: Brian Duignan
1st Edition
1615308946, 978-1615308941
