Question
What is the profitability index of a project with the following cash flows if the discount rate is 10 percent? Year CFs 0 -802 1
What is the profitability index of a project with the following cash flows if the discount rate is 10 percent?
| Year | CFs |
| 0 | -802 |
| 1 | 761 |
| 2 | 497 |
| 3 | 376 |
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is 12.345 then enter as 12.35 in the answer box.
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
