You are offered an investment with returns of 2130 in year


You are offered an investment with returns of $ 2,130 in year 1, $ 4,927 in year 2, and $ 5,581 in year 3. The investment will cost you $ 7,836 today. If the appropriate Cost of Capital (quoted interest rate) is 7.3 %, what is the Profitability Index of the investment? Enter your answer to the nearest .01. Do not use the $ sign or commas in your answer. If the NPV is negative, use the - sign.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You are offered an investment with returns of 2130 in year
Reference No:- TGS02688258

Expected delivery within 24 Hours