Ben Lake Enterprises is currently considering a project that will produce cash inflows
Of $3500 a year for three years followed by $1200 a year for two more years.The cost of the project is $10 000.What is the profitability index if the discount rate is 7 per cent?
A)0.96
B)0.98
C)1.00
D)1.06
E)1.10

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The Answer of Ben Lake Enterprises is currently considering a project that will produce cash inflows
Of $3500 a year for three years followed by $1200 a year for two more years.The cost of the project is $10 000.What is the profitability index if the discount rate is 7 per cent?
A)0.96
B)0.98
C)1.00
D)1.06
E)1.10

Ben Lake Enterprises Is Currently Considering a Project That Will