2 3 4 5 6 7 8 What is the profitability index for the following set of cash flows if the relevant discount rate is 10 percent? What if the discount rate is 15 percent? If it is 22 percent? Input area: Year O Year 1 Year 2 Year 3 ($14,800) $8,400 $7,600 $4,300 10 11 Discount rate 12 Discount rate 13 Discount rate 14 15 (Use cells A6 to B13 from the given information to complete this question. You must use 16 answer this question.) 17 18 Output area: 19 20 Profitability index at 10% 21 Profitability index at 15% 22 Profitability index at 22% 10% 15% 22%

What is the profitability index for the following set of cash flows if the relevant 2 discount rate is 10 percent? What if the discount rate is 15 percent? If it is 22 percent? (Use cells A6 to B13 from the given information to complete this question. You must 16 answer this question.)