Question
What is the profitability index of a project that costs $10,000 and provides cash flows of $3,600 in years 1 and 2 and $5,600 in
What is the profitability index of a project that costs $10,000 and provides cash flows of $3,600 in years 1 and 2 and $5,600 in years 3 and 4? The discount rate is 9%.
Note: Do not round intermediate calculations. Round your answer to 4 decimal places.
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
3rd Edition
0324232624, 9780324232622
