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4 Calculate the profitability index (PI) for all projects, Project A Project B Project C Project D Project E Investment $10.00 $15.00 $12.50 $17.50 $20.00

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4 Calculate the profitability index (PI) for all projects, Project A Project B Project C Project D Project E Investment $10.00 $15.00 $12.50 $17.50 $20.00 NPV $0.98 $0.28 $0.28 $1.03 $1.46 PI 0.10 0.02 0.02 0.00 0.07 Based on PI, which is the best project? A

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