Deibel Corporation is considering a project that would require an investment of

Question

Deibel Corporation is considering a project that would require an investment of $66,000. No other cash outflows would be involved. The present value of the cash inflows would be $85,140. The profitability index of the project is closest to: (Ignore income taxes.) (Round your answer to 2 decimal places.)

Deibel Corporation is considering a project that would require an investment of $66,000. No other cash outflows would be involved. The present value of the cash inflows would be $85,140. The profitability index of the project is closest to: (Ignore income taxes.) (Round your answer to 2 decimal places.)

Explanation / Answer

c) 0.71

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