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What is the profitability index for the above set of cash flows if the relevant

ID: 2720804 • Letter: W

Question

What is the profitability index for the above set of cash flows if the relevant discount rate is 9 percent? (Do not round intermediate calculations. Round your answer to 3 decimal places (e.g., 32.161).) Profitability index Requirement 2: What is the profitability index if the discount rate is 14 percent? (Do not round intermediate calculations. Round your answer to 3 decimal places (e.g., 32.161).) Profitability index Requirement 3: What is the profitability index if the discount rate is 25 percent? (Do not round intermediate calculations. Round your answer to 3 decimal places (e.g., 32.161).)

Explanation / Answer

Statement showing Cash flows Particulars Time PVf@9% Amount PV Cash Outflows                       -                        1.00                         (28,300.00)                         (28,300.00) PV of Cash outflows = PVCO                         (28,300.00) Cash inflows                   1.00                 0.9174                           15,400.00                           14,128.44 Cash inflows                   2.00                 0.8417                           13,500.00                           11,362.68 Cash inflows                   3.00                 0.7722                              9,900.00                              7,644.62 PV of Cash Inflows =PVCI                           33,135.74 PI= PVCI / PVCO                                      1.17 Statement showing Cash flows Particulars Time PVf@14% Amount PV Cash Outflows                       -                        1.00                         (28,300.00)                         (28,300.00) PV of Cash outflows = PVCO                         (28,300.00) Cash inflows                   1.00                 0.8772                           15,400.00                           13,508.77 Cash inflows                   2.00                 0.7695                           13,500.00                           10,387.81 Cash inflows                   3.00                 0.6750                              9,900.00                              6,682.22 PV of Cash Inflows =PVCI                           30,578.80 PI= PVCI / PVCO                                      1.08 Statement showing Cash flows Particulars Time PVf@25% Amount PV Cash Outflows                       -                        1.00                         (28,300.00)                         (28,300.00) PV of Cash outflows = PVCO                         (28,300.00) Cash inflows                   1.00                 0.8000                           15,400.00                           12,320.00 Cash inflows                   2.00                 0.6400                           13,500.00                              8,640.00 Cash inflows                   3.00                 0.5120                              9,900.00                              5,068.80 PV of Cash Inflows =PVCI                           26,028.80 PI= PVCI / PVCO                                      0.92

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