Considera capital expenditure project to purchase and install new equipment with an inital cash outlay of 530,000. The project is expected to generate net after-tax cash flows each year of 52500 for ten years and at the end of the project, a one-time after tax cash flow of $15.000 is expected. The firm has a weighted average cost of capital of 10 percent and requires a 10.5 year payback on project of the type.Cakuate the profitability index for the project. 10.71 years 10:50 years 5.35 years 200 years None of the listed choices correct