verizon is thinking about building a new set of cell towers. the cost of building these towers today would be 195 million dollars. the new towers would then increase future cash flows by 38 million dollars in year 1, 60 million dollars in year 2, 97 million dollars in year 3, and 112 million dollars in year 4. suppose the cost of capital is 13%. what is the profitability index of this project?
