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Assume a project with an intial cash outlay of $400,000 has a NPV of $36,000. What is the profitability index for this project? Do not

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Assume a project with an intial cash outlay of $400,000 has a NPV of $36,000. What is the profitability index for this project? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50. Numeric Response A company is considering a 4-year project that would require an intial cash outflow in the amount of $600,000 at the beginning of project (.e. t=0). The project has expected cash inflows in the amount of $400,000 at the end of each of the 4 years. The company requires a 14% return on investment. How many years is the payback period for this project? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas in your response. For example, an answer of 1,000.50 should be entered as 1000.50 Numeric Response

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