Question
Your project has an initial cost of $42,550, with expected net cash inflows of $15,000 per year for 6 years. It also has cost of
Your project has an initial cost of $42,550, with expected net cash inflows of $15,000 per year for 6 years. It also has cost of capital of 13%. What is the project's PI?
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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
