QUESTION 2 Nodak, Inc is currently considering an eight year project that has an initial outlay or cost of $100,000. The cash inflows from its project for yours 1 through 5 are the same at $55,000. Nodak has a discount rate of 11%. Because there is a shortage of funds to finance all good projects, Nodak wants to compute the profitability index (PI) for each project. That way Nodak can get an idea as to which project might be a better choice. What is the Pl for Nodak's current promoct? About 1.24 About 127 About 1 19 About 1.09