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anatomy66 anatomy66
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4 months ago
Suppose a project requires an after-tax incremental cash outflow of $40,000 today. The project is expected to generate after-tax cash inflows of $9,000 per year for the next six years. What is the project's Profitability Index (PI) if the appropriate discount rate is 10%?

▸ 1.11

▸ 1.03

▸ 0.92

▸ 0.98
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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starikovsstarikovs
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