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Based on the profitability index (PI), should a project with the following cash flows be accepted if the discount rate is 5%? Why or why

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Based on the profitability index (PI), should a project with the following cash flows be accepted if the discount rate is 5%? Why or why not? Year Cash flow 0 1 (18,600) 10,000 7,300 2 3 3,700 No; the Pl is 1.04 O No; the Pl is 0.992 O No: the Pl is 0.96 Yes; the Pl is less than the discount rate O Yes: the Pl is 1.04

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