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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

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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 intlows of $500 in year 1, $300 in year 2, $100 in year 3, and $20 each year hereafter. The required rate of return is 10% for this project. The profitability index for this project is A) 0.9279 B) 1.0624 C) 0.9376 OD 1.0721

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