A project has an initial cost of 65625 expected net cash


Profitability Index

A project has an initial cost of $65,625, expected net cash inflows of $12,000 per year for 7 years, and a cost of capital of 9%. What is the project's PI? Do not round your intermediate calculations. Round your answer to two decimal places.

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Financial Management: A project has an initial cost of 65625 expected net cash
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