required return is 13 percent. Year O 1 2 3 4 . Assume the Cash Flows -$90,000 $19,000 $31,000 $42,000 $58,000 What is the profitability index of this project? Round your final answer to at least 2 decimal places.
required return is 13 percent. Year O 1 2 3 4 . Assume the Cash Flows -$90,000 $19,000 $31,000 $42,000 $58,000 What is the profitability index of this project? Round your final answer to at least 2 decimal places.
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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Fastt pls sir thabkss
![. Assume the
required return is 13 percent.
Year Cash Flows
O
1
2
3
4
-$90,000
$19,000
$31,000
$42,000
$58,000
What is the profitability index of this project?
Round your final answer to at least 2
decimal places.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0cfdbee5-edec-471d-b820-a938a8aae01f%2F64fb7005-abfe-495b-b7ff-09144311a0b9%2Faqf7tuf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:. Assume the
required return is 13 percent.
Year Cash Flows
O
1
2
3
4
-$90,000
$19,000
$31,000
$42,000
$58,000
What is the profitability index of this project?
Round your final answer to at least 2
decimal places.
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