Question: A project is projected to cost $ 2 , 0 0 0 , 0 0 0 to undertake. It will generate positive cash inflows as

A project is projected to cost $2,000,000 to undertake. It will generate positive cash inflows as follows: Year 1- $400,000; Year 2500,000; Year 3- $650,000; Year 4750,000; Year 5800,000. What is the projects Profitability Index if the required return is 10%?

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