A QUESTION:322 A project requires an investment of $2,500 and has a net present value of $430. If the IRR is 10%, what is the profitability index for the project? a. 0.25 b. 2.33 c. 0.70 d. 1.17

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter10: The Basics Of Capital Budgeting: Evaluating Cash Flows
Section: Chapter Questions
Problem 23SP: Start with the partial model in the file Ch10 P23 Build a Model.xlsx on the textbooks Web site....
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A QUESTION:322
A project requires an investment of $2,500 and has a net
present value of $430. If the IRR is 10%, what is the
profitability index for the project?
a. 0.25
b. 2.33
c. 0.70
d. 1.17
Transcribed Image Text:A QUESTION:322 A project requires an investment of $2,500 and has a net present value of $430. If the IRR is 10%, what is the profitability index for the project? a. 0.25 b. 2.33 c. 0.70 d. 1.17
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