.111 T-Mobile 1:49 PM Corporate Finance, 11th Edition 17. Comparing Investment Criteria The treasurer of Amaro Canned Fruits, Inc., has projected the cash flows of Projects A, B, and C as follows: Project A Project B Project C $225,000 80,000 135,000 Tear $225,000 65,000 165,000 $450,000 300,000 300,000 Suppose the relevant discount rate is 12 percent per year a. Compute the profitability index for each of the three projects b. Compute the NPV for each of the three projects c. Suppose these three projects are independent. Which project(s) should Amaro accept based on the profitability index rule? accept based on the profitability index rule? Which project(s) should Amaro accept? d. Suppose these three projects are mutually exclusive. Which project(s) should Amaro e. Suppose Amaro's budget for these projects is $450,000. The projects are not divisible