Question
You have the following information on a project's cash flows. The project's required rate is 12.5%. Year Cash flows 0 -$80,000 1 23,000 2 28,000
You have the following information on a project's cash flows. The project's required rate is 12.5%.
Year
Cash flows
0
-$80,000
1
23,000
2
28,000
3
36,000
4
89,000
The project's profitablity index is ____ . Round it to two decimal places.
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Cost Benefit Analysis Concepts and Practice
Authors: Anthony Boardman, David Greenberg, Aidan Vining, David Weimer
4th edition
137002696, 978-1108448284, 1108448283, 978-0137002696
