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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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