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Question - The following information is available for a potential investment for Panda company.
Initial investment $110000
Net annual cash 2000
Inflow
Net presents value 44650
Salvage value 10000
Useful life 10 years
Required - Find the potential investments profitability index?
On March 1, 2013, E Corp. issued $1,400,000 of 8% nonconvertible bonds at 103, due on February 28, 2023. Each $1,000 bond was issued with 30 detachable stock warrants, each of which entitled the holder to purchase, for $75, one share of Evan's $25 pa..
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