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Problem 9 Intro IBM is planning to produce an expert system based on artificial intelligence and expects the following cash flows (in $ million)

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Problem 9 Intro IBM is planning to produce an expert system based on artificial intelligence and expects the following cash flows (in $ million) at the end of each year: Year Cash flow 0 -49 1 10 2 15 3 20 4 30 The company requires a return of 12% from this project. Part 1 What is the project's profitability index? 2+ decimals Submit Attempt 1/6 for 10 pts.

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