29 5 points There is a 3-year investment project for which the required initial investment is expected to be $650,000 and the future net cashflows are expected to be $100,000 in the first year, $250,000 in the second year, and $800,000 in the third year. What is the profitability index if the discount rate for this project is 8%? 0 1 1.77 0.45 1.45 Previous Next