Question: Flag question Berkay estimates that a project will cost $50,000 and will generate cash inflows of $12,000 in Year 1. $20,000 in Year 3 and

 Flag question Berkay estimates that a project will cost $50,000 and

Flag question Berkay estimates that a project will cost $50,000 and will generate cash inflows of $12,000 in Year 1. $20,000 in Year 3 and $25,000 in Year 5. If the discount rate is 10 percent what is the profitability index for this project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 12.47.)

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