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Question 1 1.56 pts Assume there is a project where the firm will initially invest $60,000 to receive $14,000 at Year 1, $15,000 at Year
Question 1 1.56 pts Assume there is a project where the firm will initially invest $60,000 to receive $14,000 at Year 1, $15,000 at Year 2, $16,000 at Year 3, $14,000 at Year 4, $16,500 at Year 5, and $16,500 at Year 6. If the interest/discount rate is 11.40%, what is the profitability index? O 1.06 0 0.06 O 1.15 O 0.15 Question 2 1.56 pts Same facts above: how does your answer change if the discount rate changes to 10.2%? 01.06 O 0.06 01.10 O 0.10
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