Question: Question 2 (1 point) A 50-year project has a cost of $500,000 and has annual cash flows of $100,000 in years 1-25, and $200,000 in

 Question 2 (1 point) A 50-year project has a cost of

Question 2 (1 point) A 50-year project has a cost of $500,000 and has annual cash flows of $100,000 in years 1-25, and $200,000 in years 26-50. The company's required rate is 8%. Given this information, calculate the profitability index of the project. 2.46 02.16 2.76 2.06 O 1.76

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