A project has an initial outlay of 3275 it has a single


Question: A project has an initial outlay of $3,275. It has a single payoff at the end of year 9 of $7,053. What is the profitability index (PI) of the project, if the company's cost of capital is 6.21 percent? Round the answer to two decimal places.

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Finance Basics: A project has an initial outlay of 3275 it has a single
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