Question: Based on the profitability index (PI), should a project with the following cash flows be accepted if the discount rate is 10%? Why or why

Based on the profitability index (PI), should a project with the following cash flows be accepted if the discount rate is 10%? Why or why not? Year Cash flow O (18,600) 10,000 1 2. 7,300 3 3,700 Yes; the Pl is 1.0374 No; the Pl is 1.0374 Yes; the Plis 0.9626 No; the Pl is less than the WACC No; the Pl is 0.9626
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