Tuletime comics is considering a new show that will

Reference no: EM13616047

TuleTime Comics is considering a new show that will generate annual cash flows of $100,000 into the infinite future. If the initial outlay for such a production is $1,500,000 and the appropriate discount rate is 6 percent for the cash flows, then what is the profitability index for the project?

Reference no: EM13616047

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