Question
Year Cash Flow 0 $9,200 1 2,900 2 3,600 3 5,800 a. What is the profitability index for the cash flows if the relevant discount
| Year | Cash Flow |
| 0 | $9,200 |
| 1 | 2,900 |
| 2 | 3,600 |
| 3 | 5,800 |
| a. What is the profitability index for the cash flows if the relevant discount rate is 6 percent? b. What is the profitability index for the cash flows if the relevant discount rate is 17 percent?
|
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The Principals Guide To School Budgeting
Authors: Richard D. Sorenson, Lloyd M. Goldsmith
3rd Edition
1506389457, 978-1506389455
