The required rate of return is 15 what is the investments, Financial Management

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The required rate of return is 15 what is the investments

ABC Inc. is considering an investment of $1,304 million with after-tax cash inflows of $495 million per year for six years and an additional after-tax salvage value of 52 million in Year 6. The required rate of return is 15%. What is the investment’s Profitability Index (PI)?

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Financial Management: The required rate of return is 15 what is the investments

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