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What is the initial cost of the project

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Reference no: EM131862737

A project has expected cash inflows, starting with year 1, of $2,200, $2,900, $3,500, and finally in year 4, $4,000. The profitability index is 1.14 and the discount rate is 12 percent. What is the initial cost of the project?

  • $7,899.16
  • $8,098.24
  • $8,166.19
  • $9,211.06
  • $9,250.00

Reference no: EM131862737

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