A firm is considering a project that has an initial investment of $250,000 and is expected to produce cash inflows of $50,000 per year for 10 years.. The firm's cost of capital is 11.4%,. What is the project's profitability index? Based on this, should the project be accepted? O 2.0, accept because Pl> 1.0 O 1.16, reject because Pl < cost of capital O 1.16, accept because PI > 1.0 O 0.16, reject because Pl < 1.0