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(Solved): Sinan is considering a short term investment with the following cash flows. Given 6 percent is Sinan ...
Sinan is considering a short term investment with the following cash flows. Given 6 percent is Sinan's required return, what is the project's profitability index?
Year Cash Flow
0 –$21,000
1 7,700
2 10,000
3 9,400