Question: Using the cash flow values in the table below, calculate the Profitability Index (Pl). Assume a discount rate of 7.9%. Year 0 1 2 Cash
Using the cash flow values in the table below, calculate the Profitability Index (Pl). Assume a discount rate of 7.9%. Year 0 1 2 Cash Flow -$39,000 6,593 13,000 9,000 11,000 6,590 3 U AWN 4 5 HINT: First calculate the NPV. Do not round intermediate values. Enter your answer as a number with 2 decimal places of precision (.e. 1.23 or 0.12))
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