The Alpha Centauri Dance Club is evaluating a project based on the following estimated cash flows: 0 1 2 3 4 -$60500 $17,000 $21,000 $9,000 $27,000 A discount rate of 3% is used to evaluate all the companies potential projects. You may have rounding errors in your calculations so choose the closest answer. Assume cash flows are received equally over the year. What is the Profitability Index of the project shown above? Select one: O a. 1.31 O b. 0.93 OC. 091 A discount rate of 3% is used to evaluate all the companies potential projects. You may have rounding errors in your calculations so choose the closest answer. Assume cash flows are received equally over the year. What is the Profitability Index of the project shown above ? Select one: O a. 1.31 Ob. 0.93 Oc. 0.91 O d. 1.31 Oe. 1.13