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Problem 8-13 Calculating Profitability Index [LO 6] Consider the following cash flows: a. What is the profitability index for the cash flows if the relevant
Problem 8-13 Calculating Profitability Index [LO 6] Consider the following cash flows: a. What is the profitability index for the cash flows if the relevant discount rate is 8 percent? Note: 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? Note: 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 20 percent? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161
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