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A project has the following cash flows: year cash flows 0 - $ 128, 500 1 51,200 2 63,800 3 51,600 4 28,100 The required

A project has the following cash flows:

year cash flows
0 - $ 128, 500
1 51,200
2 63,800
3 51,600
4 28,100

The required return is 9 percent. So what is the profitability index for this project?

a. 1.001

b. .801

c. 1.248

d. 1.144

e. 1.040

I guessed C. 1.248 but i believe this is wrong.

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