Question: Please explain your answer -Based on the profitability index (PI) rule, should a project with the following cash flows be accepted if the discount rate

Please explain your answer -Based on the profitability index (PI) rule,

Please explain your answer

-Based on the profitability index (PI) rule, should a project with the following cash flows be accepted if the discount rate is 8 percent? Why or why not? Cash Flow -$18,600 $10,000 7,300 3,700 Year 1 2 3 A. Yes; because the PI is 1.008 B. Yes; because the Pl is .992 C. Yes; because the Pl is .999 D. No; because the Pl is 1.008 E. No; because the Pl is .992

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