12 5 points Which of the following is true about the project profitability Index? O The initial investment in a new project is reduced by any salvage value expected to be received in the future when the project has ended. it is computed as the net present value of a project divided by the project's initial investment It will always result in the same preference ranking as the net present value method: If two projects have the same net present value the project requiring the higher initial Investment will have the higher profitability index