You are considering a project that has an initial outlay of $1 million. The profitability index of

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You are considering a project that has an initial outlay of $1 million. The profitability index of the project is 2.24. What is the NPV of the project?
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Fundamentals of Corporate Finance

ISBN: 978-1118845899

3rd edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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