Profitability Index Assignment | Homework For You
June 3rd, 2020
Profitability Index
A project has an initial cost of $74,275, expected net cash inflows of $9,000 per year for 12 years, and a cost of capital of 13%. What is the project’s PI? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places.Get Finance homework help today
