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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