The investment will cost you 7650 today if appropriate


You are offered an investment with returns of $ 2,955 in year 1, $ 3,072 in year 2, and $ 3,602 in year 3. The investment will cost you $ 7,650 today. If the appropriate Cost of Capital (quoted interest rate) is 12.1 %, 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: The investment will cost you 7650 today if appropriate
Reference No:- TGS02692871

Expected delivery within 24 Hours