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What is the profitability index of a project with the cash flows in the table? Assume a discount rate of 5%. CF0 -$115,000 CF1 $39,000
What is the profitability index of a project with the cash flows in the table? Assume a discount rate of 5%.
| CF0 | -$115,000 |
| CF1 | $39,000 |
| CF2 | $63,000 |
| CF3 | $51,000 |
| CF4 | -$15,000 |
| CF5 | $91,000 |
Keep your answer in decimal form rounded to 4 places.
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