Profitability Index A project has an initial cost of $44,600, expected net cash inflows of $14,000 per
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Profitability Index A project has an initial cost of $44,600, expected net cash inflows of $14,000 per year for 12 years, and a cost of capital of 14%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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