Your firm is currently considering a project that will produce cash inflows of $$40,000$ a year for $30$ years. The cost of the project is $$300,000.$ What is the profitability index if the discount rate is $12$ percent?

$1\mathrm{.}13$

$-0\mathrm{.}8956$

$7\mathrm{.}5$

$1\mathrm{.}0740$