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Homework #6D (Profitability Index)

Author:
February 19th, 2023

Homework #6D (Profitability Index)FinanceQuestion 1 (1 point) Find the profitability index (PI) for the following series of future cash flows, assuming the company’s cost of capital is 12.84 percent. The initial outlay is $468,612.Year 1: $154,334Year 2: $194,874Year 3: $174,834Year 4: $197,993Year 5: $196,223Round the answer to two decimal places.

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