You have the following information on a project's cash flows. The project's required rate is 12.5%. Year
Fantastic news! We've Found the answer you've been seeking!
Question:
You have the following information on a project's cash flows. The project's required rate is 12.5%.
Year | Cash flows |
0 | -$89,000 |
1 | 26,000 |
2 | 28,000 |
3 | 37,000 |
4 | 69,000 |
The project's profitablity index is ____ . Round it to two decimal places.
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
Posted Date: