What is the profitability index for an investment with the following cash flows given an 8% required return? Year Cash Flow 0 -$22,000 1 $8,200 23 2 $10,500 $9,900

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What is the profitability index for an investment
with the following cash flows given an 8%
required return?
Year Cash Flow
0
-$22,000
1
$8,200
23
2
$10,500
$9,900
Transcribed Image Text:What is the profitability index for an investment with the following cash flows given an 8% required return? Year Cash Flow 0 -$22,000 1 $8,200 23 2 $10,500 $9,900
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