Year Cash Flow
0 $9,900
1 2,100
2 2,900
3 3,100
a) What is the profitability index for the cashflows if the relevant discount rate is 10 percent?
b) What is the profitability index for the cashflows if the relevant discount rate is 19 percent?
c) What is the profitability index for the cashflows if the relevant discount rate is 25 percent?