QUESTION 7: Profitability Index What is the profitability index for the following set of cash flows if the relevant discount rate is 10 percent? What if the discount rate is 15 percent? If it is 22 percent? Annual cash flows: Year 0 Year 1 Year 2 Year 3 $ $ $ $ (14,000) 7,300 6,900 5,700 Profitability index Discount Rate 10% 15% 22%