Question: Gold mining, inc uses the profitability index when evaluating projects. gold mining's cost of capital is 7.63 percent. what is the PI of a project

Gold mining, inc uses the profitability index when evaluating projects. gold mining's cost of capital is 7.63 percent. what is the PI of a project if the initial costs are $2152420 and the project life is estimated as 7years? the project will produce the same after-tax cash inflows of $445952 per year at the end of the year

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