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

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

Year Cash Flow

0 - $26,200

1 + $11,800

2 0

3 + $24,900

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