Question
What is the PI of a project that costs $37,000 today and is expected to generate annual cash inflows of $9,000 for the next 7
What is the PI of a project that costs $37,000 today and is expected to generate annual cash inflows of $9,000 for the next 7 years, followed by a final inflow of $15,000 in year 8. Cost of capital is 7.6%. Round to two decimal places.
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The Handbook Of Financial Instruments
Authors: Frank J. Fabozzi
1st Edition
0471220922, 978-0471220923
