Eddie Corporation is considering the following three investment projects (Ignore income taxes.): Project C Project D Project
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Question:
Project C | Project D | Project E | |
---|---|---|---|
Investment required | $ 12,000 | $ 51,000 | $ 96,000 |
Present value of cash inflows | $ 13,830 | $ 69,630 | $ 110,960 |
Calculate the profitability index of investment project D .
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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