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Year Cash Flow 0 $ 9 , 6 0 0 1 3 , 3 0 0 2 4 , 2 0 0 3 5 ,

Year Cash Flow
0$ 9,600
13,300
24,200
35,200
a. What is the profitability index for the cash flows if the relevant discount rate is 11 percent?
b. What is the profitability index for the cash flows if the relevant discount rate is 15 percent?
c. What is the profitability index for the cash flows if the relevant discount rate is 26 percent?

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