The Black Horse is currently considering a project that will produce cash inflows of $11,000 a year

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The Black Horse is currently considering a project that will produce cash inflows of $11,000 a year for three years followed by $6,500 in Year 4. The cost of the project is $38,000. What is the profitability index if the discount rate is 9 percent?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Posted Date: Feb 29, 2024 11:28 PM

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The Black Horse is currently considering a project that will produce cash inflows of $11,000 a year

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Practical financial management

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