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Lets go back to the question #1 above. The Tesla, Inc invests $300,000 in new AI-driven auto-assembly robots and machinery that yields net after-tax cash

Lets go back to the question #1 above. The Tesla, Inc invests $300,000 in new AI-driven auto-assembly robots and machinery that yields net after-tax cash flows of $75,000 at the end of each of the next five years. The required rate of return (or the opportunity cost of capital) is 12%. What is the Profitability Index of the project? Is this project profitable? (You can use your financial calculator, online calculator, or EXCEL spreadsheet, an EXCEL function, NPV))

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