Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a project costs $12,000 and has a discount rate of

A project costs $12,000 and has a discount rate of 19.3%. Calculate the profitability index...

60.1K

Verified Solution

Question

Finance

A project costs $12,000 and has a discount rate of 19.3%. Calculate the profitability index of the project that has cash flows of $2,500 per year in years 1 and 2, and $4000 per year in years 3, 4, and 5. Group of answer choices 1.22 0.94 0.82 0.84 0.99

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Air Tampa has just been incorporated, and its board of directors is grappling with the question...

Chemistry
1.2K views

A combustion reaction of a hydrocarbon is defined as the reaction of the compound into carbon...

General Management
1.2K views

How would you assess the relationship between social value and perception? Is there a relationship? Explain.

Biology
1.2K views

Which of the following statements is TRUE about data storage I Unicode can represent more...

Basic Math
1.2K views

What is the center and length of the radius of the circle x + (y+18)...

Calculus
1.2K views

34 Use the Table of Integrals on the Reference Pages to valuate the integral 7...

Calculus
1.2K views

Question 3 Evaluate the limit using L H pital s rule 10 11 lim I...

Algebra
1.2K views

5 A pumpkin is thrown upward with an initial speed of 800 feet per second...

Accounting
1.2K views

The following information pertains to Bishop Concrete: Sales revenue $2,500,000...

Accounting
1.2K views

THE HERSHEY COMPANY CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share amounts) 2017 2016...

Accounting
1.2K views

Instructions A through C. please click on the picture for a full information ...

Finance
1.2K views

Intro Treasury spot interest rates are as follows: Maturity (years) 1 2 3 4 Spot...