Question
You are contemplating an investment which will require $60,000 upfront. If you are to receive payments of $20,000 annually for five consecutive years from this
You are contemplating an investment which will require $60,000 upfront. If you are to receive payments of $20,000 annually for five consecutive years from this investment, what is the profitability index associated with this investment assuming that the interest rate is 9%?
| a. | 0.77 | |
| b. | 1.00 | |
| c. | 1.30 | |
| d. | 1.25 |
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Internal Audit And Risk Management In Companies Assessing The Contribution Of Internal Audit To An Entitys Risk Management
Authors: Akaffou Arnaud Lucien Goley
1st Edition
6204604805, 978-6204604800
