The management of Crunch Corporation is considering a project that would require an initial investment of $60,000. No other cash outflows would be required. The present value of the cash inflows would be $84,000. The profitability index of the project is closest to: A project requires an initial investment of $90,000 and has a profitability index of 0.40. The discount rate is 10%. The net present value of the project is closest to: Multiple Choice $9,000 $36,000 $126,000 $99,000