What will be the profitability index with discount rate of 12% for the cash flows given below?
year | 0 | 1 | 2 | 3 | 4 | 5 |
Net Cash Flow in (Rs.) | -40000 | 15000 | 14000 | 13000 | 12000 | 11000 |
A. 1.192
B. 2.186
C. 2.193
D. 0.292
Answer: Option A
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