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Years Cash Flow 0 $ 7,900.00 1 $ 2,600.00 2 $ 3,500.00 3 $ 2,600.00 Using the above information, what is the profitability index for

Years Cash Flow
0 $ 7,900.00
1 $ 2,600.00
2 $ 3,500.00
3 $ 2,600.00

Using the above information, what is the profitability index for the cash flows if the relevant discount rate is 8 percent?

a. 0.974
b. 0.993
c. 0.899
d. 0.946

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