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0.35points ItemSkipped eBook Print References Item 15 Item 15 0.35 points Item Skipped POD has a project with the following cash flows: Year Cash Flows
0.35points
ItemSkipped
eBook
References
Item 15
Item 15 0.35 points Item Skipped
POD has a project with the following cash flows:
| Year | Cash Flows | |
| 0 | $271,000 | |
| 1 | 146,000 | |
| 2 | 163,500 | |
| 3 | 128,600 | |
The required return is 8.8 percent. What is the profitability index for this project?
A. 1.259
B. 1.144
C. 1.373
D .910
E .728
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