Which of the following comes closest to the profitability


Which of the following comes closest to the profitability index (PI) of a project that requires an initial investment of $100 and produces a single cash flow of $160 at the end of year 10 if the required rate of return is 12%?

a. 0.43

b. 0.47

c. 0.56

d. 0.52

e. 0.62

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Financial Management: Which of the following comes closest to the profitability
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