Question: please answer this question correctly for an upvote. Check your work (Hint) Answer is not 1.3101 or 1.3095 PLEASE ANSWER THIS QUESTION CORRECTLY What is

please answer this question correctly for an upvote. Check your work

(Hint) Answer is not 1.3101 or 1.3095

PLEASE ANSWER THIS QUESTION CORRECTLY

What is the profitability index of a project that costs $8,000 and provides cash flows of $2,400 in years 1 and 2 and $4,400 in years 3 and 4 ? The discount rate is 10%. Note: Do not round intermediate calculations, Round your answer to 4 decimal places

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