Question: Based on the profitability index rule, should a project with the following cash flows be accepted if the discount rate is 14 percent? Why or

Based on the profitability index rule, should a project with the following cash flows be accepted if the discount rate is 14 percent? Why or why not?

Year 0 : -$32,100

Year 1 : $11,800

Year 2 : $12,000

Year 3 : $22,600

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