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YearCash Flow 0–$17,500 1 9,800 2 8,700 3 5,200 What is the profitability index

ID: 2808692 • Letter: Y

Question

YearCash Flow
0–$17,500
1 9,800
2 8,700
3 5,200

What is the profitability index for the set of cash flows if the relevant discount rate is 10 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

a.Profitability index = a?
b.Profitability index = b?
c.Profitability index = c?

a.

What is the profitability index for the set of cash flows if the relevant discount rate is 10 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

b. What is the profitability index for the set of cash flows if the relevant discount rate is 15 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
c. What is the profitability index for the set of cash flows if the relevant discount rate is 22 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

Explanation / Answer


Investment = 17,500

a.

Year

Cash flows = CF

Df = 1/(1+10%)^Year

Present Value = CF x Df

1

9,800.00

0.909091

8,909.0909

2

8,700.00

0.826446

7,190.0826

3

5,200.00

0.751315

3,906.8370

PV of Cash inflows

20,006.0105

PI = PV of Cash Inflows / Investment =PI = 1.143

b.

Year

Cash flows = CF

Df = 1/(1+15%)^Year

Present Value = CF x Df

1

9,800.00

0.869565

8,521.7391

2

8,700.00

0.756144

6,578.4499

3

5,200.00

0.657516

3,419.0844

PV of Cash inflows

18,519.2734

PI = PV of Cash Inflows / Investment =PI = 1.058

c.

Year

Cash flows = CF

Df = 1/(1+22%)^Year

Present Value = CF x Df

1

9,800.00

0.819672

8,032.7869

2

8,700.00

0.671862

5,845.2029

3

5,200.00

0.550707

2,863.6758

PV of Cash inflows

16,741.6656

PI = PV of Cash Inflows / Investment =PI = 0.957

Year

Cash flows = CF

Df = 1/(1+10%)^Year

Present Value = CF x Df

1

9,800.00

0.909091

8,909.0909

2

8,700.00

0.826446

7,190.0826

3

5,200.00

0.751315

3,906.8370

PV of Cash inflows

20,006.0105