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Gamma Enterprises, Inc. has a WACC of 10.25% and is considering a project that requires a cash outlay of $1,995 now with cash inflows of
Gamma Enterprises, Inc. has a WACC of 10.25% and is considering a project that requires a cash outlay of $1,995 now with cash inflows of $850 at the end of year 1, $650 at the end of year 2, $850 at the end of year 3, and $925 at the end of year 4. What is the project's profitability index?
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