4. ABC Corporation is experiencing hard capital rationing and will not be able to invest more than $1,000,000 this year. Develop a profitability index for the following four projects and indicate which projects will be accepted. All four projects will last 3 years, and the firm uses a 10% discount rate. Projec Cost NPV@10% Profitability Index t A $300,000 $23,291 0.078 B 500,000 47,107 0.094 155,000 6,645 0.043 D 138,422 10,789 0.067