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A project has an initial investment of $95.000 ts four year cash inflows are estimated to be $21000 in year 1. $23.000 in year 2.

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A project has an initial investment of $95.000 ts four year cash inflows are estimated to be $21000 in year 1. $23.000 in year 2. $25,000 in year 3, and $27.000 in year 4. If the rate of return is 8%, calculate the project's Profitability Index 30 Multiple Choice 183 153 103 083 0.53

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