QUESTION 9 Anne's Hoagie Heaven can purchase cooking equipment on sale for $6,500. The asset has a three-year life, will produce a cash flow of $2,700 in the first and second year, and $3,100 in the third year. The cost of capital is 12%. What is the project's Profitability Index? OA. 1.04 OB. 1.06 O C. 1.10 OD. 1.07 E. 0.980