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POD has a project with the following cash flows: Year Cash Flows 0 $255,000 1 146,800 2 164,300 3 129,400 The required return is 9.6
POD has a project with the following cash flows:
Year | Cash Flows | |
0 | $255,000 | |
1 | 146,800 | |
2 | 164,300 | |
3 | 129,400 | |
The required return is 9.6 percent. What is the profitability index for this project?
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