Question: QUESTION 19 1. A project has expected cash inflows, starting with year 1, of $6,200, $9,700, $10,200 and finally in year 4, $8,000. The profitability

 QUESTION 19 1. A project has expected cash inflows, starting with

QUESTION 19 1. A project has expected cash inflows, starting with year 1, of $6,200, $9,700, $10,200 and finally in year 4, $8,000. The profitability index is 1.2 and the discount rate is 8 percent What is the initial cost of the project? ca. $19,468.23 b.$23,361.88 Cc. $33,641.11 d. $28,034.26 Ce. $16,223.53

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