Assume a project has cash flows of -$51,300, $18,200, $37,300, and $14,300 for years 0 to 3,

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Assume a project has cash flows of -$51,300, $18,200, $37,300, and $14,300 for years 0 to 3, respectively. What is the profitability index given a required return of 12.5 percent?

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Feb 15, 2018 07:38 AM

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Assume a project has cash flows of -$51,300, $18,200, $37,300, and $14,300 for years 0 to 3,

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Year cash flow 0 51300 1 1 18200 0889 2 37300 079 3 14300 0702 ...View the full answer

Fundamentals of corporate finance

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