BO) Project LMK requires an initial outlay of $400,000 and has a profitability index of 1.5. The project is expected to generate equal annual cash flows over the next twelve years. The required return for this project is 20%. What is project LMK's net present value? A) $120,000 B) $80,000 C) $150,000 D) $600,000 1) You are in charge of one division of Yeti Surplus In Your division is subiect to canital rationing