Compute the net present value and profitability index
Question: Compute the net present value and profitability index of a project with a net investment of $20,000 & expected net cash flows of dollar 3,000 a year for ten years if the project's required return is 12 percent. Is the project acceptable?
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Compute the net present value and profitability index of a project with a net investment of $20,000 & expected net cash flows of dollar 3,000 a year for ten years if the project's required return is 12 percent.
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