Question: Write On! has a proposed project with an initial cost of $101,000 and cash flows of $74,000 per for Years 1 to 5. At the

Write On! has a proposed project with an initial cost of $101,000 and cash flows of $74,000 per for Years 1 to 5. At the end of the Year 5 there will be an additional net cash inflow of $68,000. Based on the profitability index rule, should the project be accepted if the discount rate is 12.5 percent? Why or why not

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