POD has a project with the following cash flows: Year Cash Flows 0 $237,000 1 147,700 2
Fantastic news! We've Found the answer you've been seeking!
Question:
POD has a project with the following cash flows: Year Cash Flows 0 −$237,000 1 147,700 2 165,200 3 130,300 The required return is 8.1 percent. What is the profitability index for this project?
A) .777
B) 1.340
C) 1.474
D) .622 E) 1.608
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
Posted Date: