6: Homework Questions Problem 10-04 (Profitability Index) 1. 2 3. 4. 5. O 3. B 9 6. 7. 3.50 8. eBook Assignment Score: 12.50% Save Submit Assignment for Grading Question 2 of 8 N Check My Work Profitability Index A project has an initial cost of $35,000, expected net cash inflows of $10,000 per year for 10 years, and a cost of capital of 13%. What is the project's PI? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places. Hide Feedback Incorrect Check My Work