Question
Year Cash Flow 0 $ 17,800 1 10,100 2 9,000 3 5,500 What is the profitability index for the set of cash flows if the
| Year | Cash Flow | ||
| 0 | $ | 17,800 | |
| 1 |
| 10,100 | |
| 2 |
| 9,000 | |
| 3 |
| 5,500 | |
What is the profitability index for the set of cash flows if the relevant discount rate is 22%? (Do not round intermediate calculations. Round the final answer to 3 decimal places.)
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Personal Finance
Authors: E Thomas Garman, Raymond Forgue
11th Edition
1111531013, 9781111531010
