What is the profitability index of a project that costs $10,000 and provides cash flows of $4,000 in years 1 and 2 and $6,000 in years 3 and 4? The discount rate is 10%. (Do not round intermediate calculations. Round your answer to 4 decimal places.)

What is the profitability index? 1.5548 IS INCORRECT.

3 What is the profitability index of a project that costs $10,000 and provides cash flows of $4,000 in years 1 and 2 and $6,000 in years 3 and 4? The discount rate is 10%. (Do not round Intermediate calculations. Round your answer to 4 decimal places.) Profitability index 1.5548 0/10 points awarded Scored eBook References