Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that requires an initial investment of $1,000. It will provide the cash inflows of $500 in year 1,$300 in year 2 , and $100 each year hereafter (starting in year 3 ). The required rate of return is 10% for this project. The profitability index for this project is A) 1.24 B) 0.47 C) 1.53 D) 0.76