ning Time: 1 hour, 25 minutes. 05 seconds. tion Completion Status: 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Moving to another question will save this response Question 3 of 1 estion 3 10 points Consider a capital expenditure project to purchase and install new equipment with an initial cash outlay of $19,000. The project is expected to generate net after-tax cash flows each year of 51.100 for five years, and at the end of the project a one time after-tax cash flow of $2.500 is expected. The firm has a weighted average cost of capital of 10 percent and requires a 5 year payback on projects of this type. Calculate the Profitability index for the project. 0.30 0.22 -0.71 -0.64 None of the listed choices is correct into another site this response Question of 18