63) A 25- year project has a cost of $1,500,000 and has annual cash ows of $400,000 in years 1-15, and $200,000 in years 16-25. The company's required rate is 14%. Given this information, calculate the profitability index of the project. A) 1.25 B) 1.50 C) 1.74 D) 0.75 E) 1.00 Answer: C Explanation: A) B) C) D) E)