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Q13. A firm is evaluating a project, which has the cash flows listed in the following table. What is profitability index for the proiect, if

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Q13. A firm is evaluating a project, which has the cash flows listed in the following table. What is profitability index for the proiect, if the required rte of return is 12.5%? Should the firm accept the project based on the profitability index? [5 pts] Year Cash flow -$23,000 $9,300 $8,200 $4,700 o 23,000 1300 10, 400/ (I+IRR) Should we accept the project? (Yes/ No Profitability index = Explain why would you accept/ reject the project here

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