Consider the following cash flows:

a$.$ What is the profitability index for the cash flows if the relevant discount rate is $11$

percent? $($Do not round intermediate calculations and round your answer to $3$

decimal places, e$.$g$.,32\mathrm{.}161.)$

b$.$ What is the profitability index if the discount rate is $16$ percent? $($Do not round

intermediate calculations and round your answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$

c$.$ What is the profitability index if the discount rate is $23$ percent? $($Do not round

intermediate calculations and round your answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$

a$.$ Profitability index

b$.$ Profitability index

c$.$ Profitability index