Question
What is the PI of a project that costs $31,000 today and is expected to generate annual cash inflows of $12,000 for the next 7
What is the PI of a project that costs $31,000 today and is expected to generate annual cash inflows of $12,000 for the next 7 years, followed by a final inflow of $13,000 in year 8. Cost of capital is 8.9%. Round to two decimal places.
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Essential Mathematics For Economic Analysis
Authors: Knut Sydsaeter, Peter Hammond, Arne Strom
4th Edition
0273760688, 9780273760689
