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Please show all steps and work. Thanks Profitability index. Given the discount rate and the future cash flow of each project listed in the following

image text in transcribedPlease show all steps and work. Thanks

Profitability index. Given the discount rate and the future cash flow of each project listed in the following table, use the PI to determine which projects the company should accept. Cash Flow Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Discount rate Project A - $1,900,000 S550,000 S650,000 $750,000 $850,000 S950,000 - $2,300,000 S1,150,000 $1,050,000 S950,000 S850,000 S750,000 18% 8% What is the Pl of project A

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