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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

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 $ (22,000) $ 5,000 $5,000 $ 5,000 2. 3 4 5 $ 5,000 $5,000 $ 5,000 6 0.99 None of these are correct. 1.09 1.21 1.36

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