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mooncalled mooncalled
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6 months ago
What is the Profitability Index (PI) of a project that requires an initial investment of $36,000 and pays after-tax cash flows of $10,000 in year 1, $18,000 in year 2, $15,000 in year 3, and $12,000 in year 4? Assume the discount rate is 9%.

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Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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psstone42psstone42
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6 months ago
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