Considera capital expenditure project to purchase and install new equipment with an initial cash outlay of 533.000. The project is expected to penerate net after-tax cash flows each year of 54,500 for seven years, and at the end of the project one time after tax cash flow of 56.300 expected. The firm has a weighted average cost of capital of 5 percent and requires a year payback on projects of this type Calculate the profitability index for the project 0.15 -0.02 None of the choices correct