A project has the following cash flows: Year Cash Flows 0 -$ 128,500 1 51,200 234 63,800 51,600 28,100 The required return is 9 percent. What is the profitability index for this project? Multiple Choice О .801 ○ 1.144 1.040 1.001 1.248 20 Nov
A project has the following cash flows: Year Cash Flows 0 -$ 128,500 1 51,200 234 63,800 51,600 28,100 The required return is 9 percent. What is the profitability index for this project? Multiple Choice О .801 ○ 1.144 1.040 1.001 1.248 20 Nov
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
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Transcribed Image Text:A project has the following cash flows:
Year
Cash Flows
0
-$ 128,500
1
51,200
234
63,800
51,600
28,100
The required return is 9 percent. What is the profitability index for this project?
Multiple Choice
О
.801
○
1.144
1.040
1.001
1.248
20
Nov
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