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MC Qu. 70 What is the profitability index for an investment with the follow... What is the profitability index for an investment with the following

MC Qu. 70 What is the profitability index for an investment with the follow... What is the profitability index for an investment with the following cash flows given a 8 percent required return?

Year Cash Flow

0 $-21,000

1 $7,100

2 $9,600

3 $8,600

A;.97

B:1.01

C:1.05

D:1.03

E: 0.99

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