My Company is starting a new project that requires an initial investment of $1 million. It will provide an annual cash inflow of $150,000 for the first six years, $200,000 per year for Year 7 through Year 9, and $100,000 per year for Year 10 and Year 11. What is the profitability index for this project if the firms required return is 10%?

Multiple Choice

• 1.1002

• 1.0152

• 1.1268

• 1.0076

• 1.0807