Question
onsider the following cash flows:YearCash Flow0$28,400115,300213,600310,000 a. What is the profitability index for the cash flows if the relevant discount rate is 8 percent? (Do
onsider the following cash flows:YearCash Flow0$28,400115,300213,600310,000a.What is the profitability index for the cash flows if the relevant discount rate is 8 percent?(Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
b.What is the profitability index if the discount rate is 13 percent?(Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)c.What is the profitability index if the discount rate is 22 percent?(Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
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