Based on the profitability index (PI) rule,should a project with the following cash flows be accepted if the discount rate is 8%? Why or why not? 
Definitions:
Nonrecourse
A type of loan where the lender’s recovery is limited to the collateral pledged for the loan, with no further claim against the borrower in case of default.
Lease Payments
Lease Payments are regular payments made by a lessee to a lessor for the use of an asset over a specified period.
Debt Obligation
A legally binding requirement to repay borrowed money, often including interest and the principal amount.
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