A project has an initial investment of 204400 and will


A project has an initial investment of $204,400 and will generate 5 annual cash flows of $62,700. Assume a cost of capital of 14.8%.Calculate the profitability index? (PI).

The present value of the cash inflows is? $_____?(Round to the nearest? cent.)

The profitability index is?_____?(Round to two decimal? places.)

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Financial Management: A project has an initial investment of 204400 and will
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