Question
Which project (or projects) below would you choose if you only had $10 to invest? i 15% 0 1 2 3 NPV IRR PI A
Which project (or projects) below would you choose if you only had $10 to invest?
i 15%
0 1 2 3 NPV IRR PI
A -10 4 5 6 1.20 21.65% 1.1204
B -6 2 3 4 0.64 20.61% 1.1063
C -4 3 2 1 0.78 28.86% 1.1946
a. A
b. B
c. C
d. B&C
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
