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Question 1. (14 points) If the required rate of return is 20%, is the project mentioned acceptable? Use NPV and then calculate profitability index. Fill

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Question 1. (14 points) If the required rate of return is 20%, is the project mentioned acceptable? Use NPV and then calculate profitability index. Fill the table below and show your calculations. Cum Cash In Cash Out Flow Net cash flow Cash Flow Discounted Cash Flow 20% Year Flow 0 2 0 900,000 400,000 100,000 500,000 100,000 600,000 50,000 600,000 0 3 4 NPV In cash flow Out cash flow PI

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