Question: Based on the probability index rule, should a project with the following cash flows be accepted if the discount rate is 8 percent? Why or

Based on the probability index rule, should a project with the following cash flows be accepted if the discount rate is 8 percent? Why or why not?

Year Cash Flow
0 -$18,600
1 $10,000
2 $7300
3

$3700

what is the PI and should accepted it

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