Can you please answer all parts...disregard the answers chosen..thanks

The protability index (PI) is a capital budgeting tool that provides another way to compare a project's benefits and costs. It is computed as a ratio of the discounted value of the net cash flows expected to be generated by a project over its life (the project's expected benets) to its net cost (NINV). A project's P[ value can be interpreted to indicate a project's discounted return generated by each dollar of net investment required to generate those returns. Consider the case of Blue Moose Home Builders: Blue Moose Home Builders is considering investing $450,000 in a project that is expected to generate the following net cash ows: Year Cash Flow Year 1 $350,000 Year 2 $500,000 Year 3 $475,000 Year 4 $400,000 Blue Moose uses a WACC of 9% when evaluating proposed capital budgeting projects. Based on these cash ows, determine this project's PI (rounded to four decimal places]. 0 3.4030 0 3.2403 3.0935 0 2.9389 Blue Moose's decision to accept or reject this project is independent of its decisions on other projects. Based on the project's PI, the rm should accept V the project. By comparison, the net present value (NPV) of this project is V . On the basis of this evaluation criterion, Blue Moose should invest V in the project because the project will V increase the rm's value. When a project has a PI greater than 1.00, it will exhibit an NW greater than $0 V ,' when it has a PI of 1.00, it will have an NW equal to $0. Projects with PIs less than V 1.00 will exhibit negative NPVs