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POD has a project with the following cash flows: Year Cash Flow 0 -$249,000 1 $147,100 2 $164,600 3 $129,700 The required return is 8.4
POD has a project with the following cash flows:
Year | Cash Flow |
0 | -$249,000 |
1 | $147,100 |
2 | $164,600 |
3 | $129,700 |
The required return is 8.4 percent. What is the profitability index for this project?
A. | 1.264 | |
B. | 1.390 | |
C. | 1.516 | |
D. | 1.424 |
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