Question: Gold Mining. Inc is using the profitability index (PI) when evaluating projects Gold Mining's cost of capital is 11.65 percent What is the PI of

Gold Mining. Inc is using the profitability index (PI) when evaluating projects Gold Mining's cost of capital is 11.65 percent What is the PI of a project if the initial costs are $2, 201.720 and the project life is estimated as 5 years'? The project will produce the same after-tax cash inflows of $612, 484 per year at the end of the year

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