24

Question 24 1 pts Based on the profitability index (PI), should a project with the following cash flows be accepted if the discount rate is 10%? Why or why not? Year Cash flow 0 (18,600) 1 10,000 2 7,300 3 3,700 O Yes; the Pl is 1.0374 O No; the Pl is 1.0374 Yes; the Pl is 0.9626 No; the Pl is 0.9626 O No; the Pl is less than the WACC