A project has the following cash flows Year Cash Flows 0 128

A project has the following cash flows: Year Cash Flows 0 ?$128,600 1 51,800 2 63,800 3 51,600 4 28,100 The required return is 9.1 percent. What is the profitability index for this project? 1.001 1.041 .801 1.249 1.145

Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)

=51800/1.091+63800/1.091^2+51600/1.091^3+28100/1.091^4