Based on the profitability index rule should a project with


Based on the profitability index rule, should a project with the following cash flows be accepted if the discount rate is 14%? Why or why not?

Year                Cash Flow

0                      - $26,200

1                      + $11,800

2                      0

3                      + $24,900

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Financial Management: Based on the profitability index rule should a project with
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