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1.6987 is incorrect aswell. What is the profitability index of a project that costs $10,000 and provides cash flows of $3,800 in years 1 and

1.6987 is incorrect aswell. image text in transcribed
What is the profitability index of a project that costs $10,000 and provides cash flows of $3,800 in years 1 and 2 and $5,800 in years 3 and 4 ? The discount rate is 8%. Note: Do not round intermediate calculations. Round your answer to 4 decimal places

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