We compute the profitability index of a capital-budgetingproposal byA. dividing

We compute the profitability index of a capital-budgetingproposal byA. dividing the present value of the annual after-tax cash flows bythe cost of the project.B. multiplying the IRR by the cost of capital.C. dividing the present value of the annual after-tax cash flows bythe cost of capital.D. multiplying the cash inflow by the IRR.