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Having studied capital budgeting in this class, your employer needs your help in evaluating a project with the cash flows listed in the table below.

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Having studied capital budgeting in this class, your employer needs your help in evaluating a project with the cash flows listed in the table below. Note that the required return on this project is 10%. O 0.98 5 What is the Profitability Index (PI) of this project? O1.20 Year Cash Flows 0 (Initial Outlay) -$350,000 1 $80,000 2 $90,000 $150,000 $75,000 $90,000 O 105 O 1:12. 3 4

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