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Question 8 7 pts Find the profitability index (Pl) for a proposed project costing $23.524. Assume that the appropriate cost of the capital for the
Question 8 7 pts Find the profitability index (Pl) for a proposed project costing $23.524. Assume that the appropriate cost of the capital for the projects of this risk level, at this company is 8.27%, and the estimated cash flows for the life of the project are as follows use 4 decimal place precision; Year 1 $2.452 Year 2 $5,134 Year 3 57085 Year 4 $7.885 Year 5 515,394 Year 6 $13,669 Year 2 $9.654 Year 8 59.371
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