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Consider the following project. Calculate the Profitability Index (10% rate) 1.4 1.1 1.3 1.2 begin{tabular}{|l|r|r|r|r|r|r|r|} hline & multicolumn{6}{|c|}{ Year } hline & 0 &

Consider the following project. Calculate the Profitability Index (10% rate)

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  • 1.4
  • 1.1
  • 1.3
  • 1.2
\begin{tabular}{|l|r|r|r|r|r|r|r|} \hline & \multicolumn{6}{|c|}{ Year } \\ \hline & 0 & 1 & 2 & 3 & 4 & 5 & 6 \\ \hline Investment & -3700 & & & & & & \\ \hline Profit & & 1100 & 1100 & 1100 & 1100 & 1100 & 1100 \\ \hline \end{tabular}

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