Question: PLEASE SHOW WORK WITH FINANCIAL CALCULATOR Problem 9-15 Calculating Profitability Index [LO7] Year Cash Flow 0 $ 17,600 1 9,900 2 8,800 3 5,300 a.
PLEASE SHOW WORK WITH FINANCIAL CALCULATOR
Problem 9-15 Calculating Profitability Index [LO7]
| Year | Cash Flow |
|---|---|
| 0 | $ 17,600 |
| 1 | 9,900 |
| 2 | 8,800 |
| 3 | 5,300 |
| a. | What is the profitability index for the set of cash flows if the relevant discount rate is 9 percent?(Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) |
| b. | What is the profitability index for the set of cash flows if the relevant discount rate is 14 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) |
| c. | What is the profitability index for the set of cash flows if the relevant discount rate is 21 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) |
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