Save Submit Assignment for Grading stions Problem 12-04 (Profitability Index) + Question 4 of 11 Check My Work eBook Profitability Index A project has an initial cost of $59,200, expected net cash inflows of $8,000 per year for 9 years, and a cost of capital of 14%. What is the project's PI? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places. looooool Check My Work 10:39 PM 04/17/20