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QUESTION 8 What is the Profitability Index (PI) for the following cash flows is the discount rate is 9%? Year Cash Flow 0 -$66,900 1

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QUESTION 8 What is the Profitability Index (PI) for the following cash flows is the discount rate is 9%? Year Cash Flow 0 -$66,900 1 $27,000 2 $23,500 3 $19,200 4 $18,000 a. .08 b. 1.08 c. 12.80 d. 1.31

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