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Consider the following cash flows: Year Cash Flow 0 $-28,100 1 15,600 2 13,300 3 9,700 What is the profitability index for the above set

Consider the following cash flows:

Year Cash Flow

0 $-28,100

1 15,600

2 13,300

3 9,700

What is the profitability index for the above set of cash flows if the relevant discount rate is 11 percent?

What is the profitability index if the discount rate is 16 percent?

What is the profitability index if the discount rate is 23 percent?

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