8. Calculating Profitability Index Suppose the following two independent investmen opportunities are available to Fitz, Inc. The appropriate discount rate is 8.5 percent. Year Project Alpha Project Beta WN -o -$2,700 1,500 1,300 1,100 -$4,100 900 2,600 3,200 a. Compute the profitability index for each of the two projects. b. Which project(s) should the company accept based on the profitability index rule