A project has an initial outlay of 3193 it has a single


A project has an initial outlay of $3,193. It has a single payoff at the end of year 7 of $7,517. What is the profitability index (PI) of the project, if the company's cost of capital is 10.87 percent?

Round the answer to two decimal places.

Solution Preview :

Prepared by a verified Expert
Finance Basics: A project has an initial outlay of 3193 it has a single
Reference No:- TGS02198891

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)