A project has an initial outlay of $3,138. It has a single payoff at the end of

Fantastic news! We've Found the answer you've been seeking!

Question:

A project has an initial outlay of $3,138. It has a single payoff at the end of year 4 of $8,006. What is the profitability index (PI) of the project, if the company's cost of capital is 9.16 percent?

Round the answer to two decimal places.

Posted Date: May 19, 2024 06:05 AM

See More Questions

Determine whether each of these statements is true or false. a) x {x} b) {x} {x} c) {x} {x} d) {x} {{x}} e) {x} f) {x}
The Jupiter's period of revolution around the Sun is 12 times that of the Earth. Assuming the planetary orbits to be circular, find: (a) How many times the distance between the Jupiter and the Sun...
Mirador Products Co. is a major consumer goods company that sells over 3,000 products in 135 countries. The companys annual report to the Securities and Exchange Commission presented the following...
Use unit cost data to forecast total costs (Learning Objective 2) Mailbox Magic produces decorative mailboxes. The company's average cost per unit is $\$ 26.43$ when it produces 1,000 mailboxes. a....
On October 10, Joleen Vora applied for a $50,000 life insurance policy with Magnum Life Insurance Co.; she named her husband, Jay, as the beneficiary. Joleen paid the insurance company the first...
Describe the differences among the following three types of orders: market, limit, and stop loss. What is a short sale? Describe buying on margin Why is it illegal to trade on insider information?
Cash & Equivalents $320,000 Accounts Receivable $250,000 Inventory $400,000 Current Liabilities Amount ($) Accounts Payable $180,000 Short-term Loans $100,000 Accrued Expenses $60,000 Calculate the...
What training methods ( traditional and with technology / computer ) have you experienced? List the positives and negatives of these types of training, including what was successful and not...
Simplify: [3 (cos 15 + isin 15)]4
With appropriate examples, brieflyexplain the main features of a Public Sector Entity i. Briefly explain the terms "Public Sector Accounting " and "Public Financial Management " ( 4 marks ) ii....
Compare and contrast gastrointestinal cancers and the staging systems used to categorize them.
Analyze three common types of leadership learning programs you are familiar with. At a minimum, choose 3 programs to analyze. In your paper: Summarize each of the programs Discuss the pros and the...
Fill in the yellow shaded cells below. Greg Greely is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the following bonds:...
General Electric Capital, a division of General Electric, uses long-term debt extensively. In a recent year, GE Capital issued $11 billion in long-term debt to investors, then within days filed legal...
a. Assume an investor can earn .12 before investor tax and .07248 after investor tax. The tax rate on ordinary income is .396. If the corporation pays a $100 dividend, after 20 years the investor...
. Determine feasibility of business plan (Learning Objective 2) Brian and Nui Soon live in Macon, Georgia. Two years ago, they visited Thailand. Nui, a professional chef, was impressed with the...
If equity investors contribute $1,000,000 and want a .30 return at time 4, how much do they require at time 4?

A project has an initial outlay of $3,138. It has a single payoff at the end of

Question:

Expert Answer:

Students also viewed these finance questions