Question: Based on the profitability index (PI), should a project with the following cash flows be accepted if the discount rate is 5%? Why or why

Based on the profitability index (PI), should a project with the following cash flows be accepted if the discount rate is 5%? Why or why not?

Year Cash flow
0 (18,600)
1 10,000
2 7,300
3 3,700

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