A firm is considering Project Jake. Use the information about Project Jake in the table below to answer the next two questions. The required rate of return is 15%. What is the profitability index of Project lake? 0.10 0.80 0.90 1.30 The required rate of return is 15%. If the firm wants to make the profitability index to equal to I for Project Jake, the initial outlay must be $45.83 million $50.00 million $54.83 million $45.17 million