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What is the PI for a project with the following set of yearly cash flows if the company faces a 10 percent cost of capital?

What is the PI for a project with the following set of yearly cash flows if the company faces a 10 percent cost of capital?

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A. 10.00% B. 29.96% C. 65.05%

If can, show steps thank you.

Time 0 1 2 3 4 5 Cash Flow -$28,500 $12.000 $12.000 $11,000 $8,000 $4,000

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