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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