What is the profitability index of a project with an initial investment of $125,000 and a net present value of $92,000? The cost of capital is 13%.

Round your answer to 4 decimal places.

When projects are mutually exclusive, you should choose the project with the:

Assuming an interest rate of 14%, what is the net present value of an investment with the cash flows indicated in the table?

CF0 -$193,000

CF1 $50,235

CF2 $62,850

CF3 $62,850

CF4 $48,910

CF5 $87,415