Question: solve it please by using calculator. thank you Calculating the Profitability Index for Project Long Project Long is expected to provide five years of cash
Calculating the Profitability Index for Project Long Project Long is expected to provide five years of cash inflows and to require an initial investment of $100,000. The discount rate that is appropriate for calculating the PI of Project Long is 17 percent. Is Project Long a good investment opportunity? 70,000 for year 1, 30,000 for year 2 and 3, 25,000 for year 4 and 10,000 for year 5
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