Assume there is a project where the firm will initially invest $215,000 to receive $54,000 at Year 1, $45,000 at Year 2, $53,000 at Year 3, \$75,000 at Year 4, $50,500 at Year 5, and $50,500 at Year 6 . If the interest/discount rate is 10.35%, what is the profitability index? 1.11 0.92 1.10 1.09 Which of the following is not true? Generally, the geometric average return has a different value from the arithmetic average return. One can calculate the stock's risk premium by subtracting the risk-free rate from the firm's rate of return. The type of efficient market hypothesis that is most often used to forecast stock prices is called the semi-strong form of the efficient market hypothesis. None of the above (all of the above are correct)