Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Based on the cash flows given below, calculate the PI of a project that has a required
| Year 0: | -$94,000 | ||
| Year 1: | $19,000 | ||
| Year 2: | $36,000 | ||
| Year 3: | -$16,000 | ||
| Year 4: | $103,000 |
| PI | Type your answer here | ||
| Accept project | Choose your answer here |
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