Question
What is the profitability index of a project that costs $8,000 and provides cash flows of $2,500 in years 1 and 2 and $4,500 in
What is the profitability index of a project that costs $8,000 and provides cash flows of $2,500 in years 1 and 2 and $4,500 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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Global Corporate Finance A Focused Approach
Authors: Kenneth Kim, Suk Kim
3rd Edition
9811207119, 9789811207112
