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Category > Business & Finance Posted 02 Aug 2017 My Price 11.00

Hermann Corporation is considering

Hermann Corporation is considering an investment of $375 million with expected after-tax cash inflows of $115 million per year for seven years and an additional after-tax salvage value of $50 million in Year 7. The required rate of return is 10 percent. What is the investment’s PI?
a. 1.19
b. 1.33
c. 1.56
d. 1.75

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Status NEW Posted 02 Aug 2017 04:08 PM My Price 11.00

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