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A project has the following cash flows: Year Cash Flows 0 $129,300 1 56,000 2 63,800 3 51,600 4 28,100 The required return is 8.3

A project has the following cash flows:

Year Cash Flows
0 $129,300
1 56,000
2 63,800
3 51,600
4 28,100

The required return is 8.3 percent. What is the profitability index for this project?

Multiple Choice

  • .967

  • 1.185

  • 1.077

  • .774

  • 1.293

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