GMF is using the profitability index when evaluation projects. You have to find the PI for the companies project assuming the companies cost of...

GMF is using the profitability index when evaluation projects. You have to find the PI for the companies project assuming the companies cost of capital is 7.57%. the initial outlay for the project is 462,689. The project will produce the following end of the year tax cash inflows

1- 167,035

2- 150,110

3- 198,584

4- 290,441