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Posted: **Thu May 05, 2022 8:24 am**

: 11 Initial Investment 2 000 000 Cash Flow In Year 1 400 000 Cash Flow In Year 2 800 000 Cash Flow In Year 3 1 (11.29 KiB) Viewed 38 times

11. Initial investment ($2,000,000). Cash flow in year 1-$400,000. Cash flow in year 2- $800,000. Cash flow in year 3- $1,200,000. The discount rate= 7%. Calculate the profitability index (to 2 decimal places).