Kikwetu Limited is considering investing in a project with the following expected cashflows: Year (C.F) 1 35,500 2 39,000 3 25,000 4 15,000 The cost of the project = Sh. 100,000 Required: Compute the...

Kikwetu Limited is considering investing in a project with the following expected cashflows:

The cost of the project = Sh. 100,000

Required:

Compute  the approximate profitability index of the project if the discount rate is 10%