Question: Question 17 (1 point) Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 14.75
Question 17 (1 point) Find the profitability index (PI) for the following series of future cash flows, assuming the company's cost of capital is 14.75 percent. The initial outlay is $475,318. Year 1: $154,628 Year 2: $146,857 Year 3: $176,192 Year 4: $176,347 Year 5: $127.732 Round the answer to two decimal places. Your
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