The project has a $$48,300$ initial outlay, cash inflows of $$17,580$ per year for $5$ years, and an interest rate of $15\%.$ What is the project's Profitability Index $($PI$)?$ Should this project be accepted?

Answer rating: 100% (QA)

Given the projects initial outlay of 48300 annual cash inflows of 17580 for 5 years and a discount r... View the full answer