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A project has the following cash flows: Year Cash Flows 0 $129,100 1 54,800 2 63,800 3 51,600 4 28,100 The required return is 9.6

  1. A project has the following cash flows:

    Year Cash Flows
    0 $129,100
    1 54,800
    2 63,800
    3 51,600
    4 28,100

    The required return is 9.6 percent. What is the profitability index for this project?

    1.044

    1.149

    1.253

    .798

    .997

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