Question 12 (1 point) then A firm is considering a project that has an up-front cost of $250,000. The project is expected to generate zero cash flow in the first three years. Beginning in year 4, the project is expected to generate $35,000 a year, exh year, forever. The discount rate for this project is 12% per year compounded annually. What is the profitability index for this project? Round all intermediate calculations to 6 decimal points. Your final answer should be within 0,01 of the correct answer choice. 0.93 1.10 O 0.83 -0.44