Question: A project has the following cash flows set out below. What is the profitability index of this project if the relevant discount rate is 2
A project has the following cash flows set out below. What is the profitability index of this project if the relevant discount rate is 2 percent? Enter your final answer to two decimal places.
| Year | Cash flow |
| 0 | -1,204 |
| 1 | 542 |
| 2 | 2,036 |
| 3 | 3,501 |
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