Question: 5 ) A project that requires 1 2 percent return has the following expected cash flows. Year Cash Flow 1 $ 2 , 0 0

5) A project that requires 12 percent return has the following expected cash flows.
YearCash Flow
1 $2,000,000
22,500,000
33,000,000
43,500,000
54,000,000
The initial investment is $8,000,000. Find the profitability index (PI).

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