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Akamai Technologies Inc has a project with initial investment requiring $-185,000 and the following cash flows will be generated because of the project: $46,250; $45,000;
Akamai Technologies Inc has a project with initial investment requiring $-185,000 and the following cash flows will be generated because of the project: $46,250; $45,000; $51,000; and $65,000 respectively at the end of each year for the next four years. If the required rate of return is 0.11, find the Profitability Index (PI) of the project. O 1.42 0.62 1.44 O 0.86 O none of the answers is correct
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