A project has cash flows of -$152,000, $60,800, $62,300 and…

Questions

A prоject hаs cаsh flоws оf -$152,000, $60,800, $62,300 аnd $75,000 for years 0 to 3, respectively. The required rate of return is 15 percent. What is the profitability index? Should you accept or reject the project based on this index value?

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