Question: Question 4 7.5 pts A project has Net Present value (NPV) of $674,000. The project generates cash flows of $300,000 in year 1; $450,000 in

 Question 4 7.5 pts A project has Net Present value (NPV)

Question 4 7.5 pts A project has Net Present value (NPV) of $674,000. The project generates cash flows of $300,000 in year 1; $450,000 in year 2; $450,000 in year 3; and $450,000 in year 4. The required rate of return of the project is 12 percent. Calculate the Profitability Index of the Project. 2.51 2.96 1.51 1.96

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