QUESTION 8 Company kis analyzing a project with projected cash flows of $460,000 in year 1, $527,000 in year 2, $589,000 in year 3, and $540,000 in year 4. What is the profitability Index (PU) of the project if the required return is 11.25 percent and the initial cash outlay is $1,79 million? 0.94 1.11 1.06 0.90