Year | Cash Flow |
0 | −$9,600 |
1 | 4,800 |
2 | 3,100 |
3 | 4,400 |
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 24 percent? |
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