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What is the profitability index for the project whose cash flows are given below? (discount rate is 8%). Year Expected Cash Flow 0 $42,000 1

What is the profitability index for the project whose cash flows are given below? (discount rate is 8%).

Year	Expected Cash Flow
0	$42,000
1	$20,000
2	$15,000
3	$10,000
4	$8,000

	A.	0.99
	B.	1.08
	C.	1.74
	D.	1.99
	E.	2.02

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