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What is the profitability index (PI) of a project that has the following cash flows? The required return is 10.0%. Year Cash Flow 0 1

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What is the profitability index (PI) of a project that has the following cash flows? The required return is 10.0%. Year Cash Flow 0 1 2 $ (20,000) $5,000 $ 5,000 $ 5.000 $ 5.000 3 4 $ 5.000 al un $ 5,000 0.99 1.21 None of these are correct. 1.36 1.09

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