Question
What is the profitability index of a project that costs $10,000 and provides cash flows of $3,400 in years 1 and 2 and $5,400 in
What is the profitability index of a project that costs $10,000 and provides cash flows of $3,400 in years 1 and 2 and $5,400 in years 3 and 4? The discount rate is 10%.
Note: Do not round intermediate calculations. Round your answer to 4 decimal places.
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Finance
Authors: Angelico Groppelli, Ehsan Nikbakht
7th Edition
1438010362, 9781438010366
