Gold mining inc uses the profitability index when


Gold mining, inc uses the profitability index when evaluating projects. gold mining's cost of capital is 11.77 percent. what is the PI of a project if the initial costs are $2320888 and the project life is estimated as 10 years? the project will produce the same after-tax cash inflows of $383311 per year at the end of the year

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Financial Management: Gold mining inc uses the profitability index when
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