Ed alining Time: 1 hour, 24 minutes, 30 seconds. estion Completion Status: 2 3 4 5 6 7 8 10 11 12 13 14 15 16 17 18 Moving to another question will save this response. Question 4 of 18 estion 4 10 points She Arteve Consider a capital expenditure project to purchase and install new equipment with an initial cash outlay of $35.000. The project is expected to generate net after-tax cash flows each year of $5500 for ten years, and at the end of the project a one-time after-tax cash flow of $11.000 is expected. The firm has a weighted average cost of capital of 12 percent and requires a 7-year payback on projects of this type. Calculate the Profitability index for the project 6-36 years 2.12 years 2.00 years 18 years None of the listed choices is correct Moving to another question will save this response Question of 18 Clese Window