In capital budgeting, which of the measures should be larger than one and accept it?
NPV
IRR
MIRR
PI
2)
An investment project has the following cash flows: CF0 = -1,200,000; C01 – C05 = 300,000 each
If the required rate of return is 12%, please calculate PI pf the project.
a. 0.51
b. 0.88
c. 0.90
d. 0.99
e. 1.05
f. 1.07
g. 1.11
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