1 A Year Cash Flows 2 0 (60,000) 3 1 25,000 4 2 30,000 5 3 15,000 6 4 12,000 7 Required Return 17.00% 8 NPV (947.71) 9 Profitability Index =B8/-B2+1 The Profitability Index for this project will be 1.00. Select one: a. Could be any of the above b. None of the above c. less than d. equal to e. greater than