Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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What is the profitability index of a project that costs $10,000 and provides cash flows of $3,100 in years 1 and 2 and $5,100 in years 3 and 4? The discount rate is 10%. Note: Do not round intermediate calculations. Round your answer to 4 decimal places. Profitability index 1.1087
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Transcribed Image Text:What is the profitability index of a project that costs $10,000 and provides cash flows of $3,100 in years 1 and 2 and $5,100 in years 3 and 4? The discount rate is 10%. Note: Do not round intermediate calculations. Round your answer to 4 decimal places. Profitability index 1.1087
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