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What is the profitability index for the following set of cash flows if the required rate of return is 8%? Year Cash Flow 0 -15,000
What is the profitability index for the following set of cash flows if the required rate of return is 8%?
| Year | Cash Flow |
| 0 | -15,000 |
| 1 | 8,300 |
| 2 | 7,200 |
| 3 | 6,700 |
(answer using Excel format)
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
11th Edition
0321357965, 978-0321357960
