Suppose that you are working as a CFO of MNO Company. You were asked to evaluate the feasibility of purchasing machinery. Assume that the required rate of return, was 8%. The following are the estimated cash outflows and inflows of that machinery: What is the profitability index of the project? Select one: a. 3.5 b. 1.7 c. 4.7 d. 1.1 e. 1.9